Like many of you, I'm trying to learn to trade on my own. Resources I have access to include books, online chat/discussion forums, online subscription services, etc. I've been looking into classes and mentoring services. However, at an average of $3,000 for 2 to 5 five days of learning, these services don't come cheap. I would like to organize a study group of 5 traders that are serious about becoming successful traders. All levels of experience are welcome, but the following minimum requirements would need to be met: 1. A direct-access broker with level II 2. At least $10,000 in your trading account 3. Willing to spend $50 to $100 per month for services we would need to subscribe to for our group 4. You must have a trading method you are either already using or are putting together that is daytrading oriented but allows overnight holds in some situations 5. You must be available for at least 20 hours during trading hours M-F for online group participation. 6. You must have a high-speed Internet connection (DSL or better) This is how I envision our group would function: 1. Each member would submit to the group a complete breakdown of their trading system including entry setups and trading vehicle selection, exit strategies, and money management method. 2. We will select one trader to act as our "educator" for the week. 3. For that week we will utilize email, this discussion forum, and a web-conferencing service to share information and actually view the "educator's" trading live. 4. Each group member will submit a critique of every trade completed by the educator based on the educator's stated methodology. We will create a form to be used for trade evaluation. 5. At the end of the week, each member will submit a review with recommendations. Elements of the review will include whether the educator stuck to the entry setups, exit strategies, and money management principles outlined in the educator's trading method as well as an overall evaluation of the educator's method. 6. The following weeks we will repeat this process until all members have had a turn at being the educator. We will then decide whether to disband the group, repeat the process, start separate groups, etc. Please only respond if you would like to join or have constructive suggestions for how to improve the idea. Please also give a brief overview of your trading experience. Myself: I've been trading on and off for about two years. I started with tips from friends, then went to technical analysis, and finally ended with studying daytrading and swing trading. So far, my education has cost me about $30,000 in bad trades, books, magazines, services, and software. My most recent influences include Van Tharpe, Tony Oz, Dr. Elder, and Barry Rudd. I meet all the requirements mentioned above. I look forward to your replies.