You have admitted that you failed as a trader, but you feel qualified to determine what works, what does not? What is rubbish and what is gold?
You know if everyone used the search box you would not have a message board to hang out on, it would be empty.
ORIGINAL POST ................................... I'm interested why so called professional traders are willing to train other individuals, especially if it is remotely and for a fee. It's understandable for a trader to take on a son of a family friend or a passionate kid that contacted his firm. I just don't understand those traders that try to charge money for their guidance and more importantly try to teach people remotely, through a website! >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> I often pondered that same question many times over and what's even more displeasing is finding out that the majority of these so called professional traders, teachers, authors etc....will not prove to anyone that what they do is even successful. Not a one that I've found will provide a P&L statement or any other means of proving to you that they can demonstrate profitability. This is the sole reason why I started my trading education business and website. I felt compelled to do the right thing and not only did I trade live with the student I was teaching but I also limited my class size to one person at a time so he or she could benefit better. Every student was shown my P&L and equity curve. In addition, I researched what the others were charging and I charged less than anybody else in the industry that I could find. My fees were $2600 for 2 days and I paid the hotel expenses. I tried advertising in active trader magazine and other local venues but would you believe that I had very little responses to my ads and that most people that did call just wanted to hear that I won 90% of the time and that they'd be able to start trading fulltime immediately after taking the 2 day course. As most everyone on this site knows or will learn that trading takes commitment and personal involvement but people don't want to hear that they just want instant returns. (Who Doesnât?) So I hope this helps explain why some people might take on the notion of helping traders learn how to trade.
I came on this post and had to give it some thought. Why would a successfull trader want to teach someone else to trade? The question is is not easy to answer and there are many reasons. Maybe if we can answer these questions, we might get at the answer: 1. Why do some people like doing social work? What makes them want to do it? 2. Why do we choose different courses, professions? 3. Why do some people like challenges and a tough life while others like an easy life? The simple answer has to be -- it is a matter of personal choice and liking. Everyone has to get up in the morning and feel like they are making a difference. That is one thing that keeps each of us going. There are other compelling reasons that go along, but this is the strongest one.
I wanted to learn the business so I went to work for a professional office. I was never able to find a profitable trader willing to help. At least none that really knew how to trade. I notice that the people who I work with are very generous with their time and efforts. I am sure some of this is personal chemistry and that is the basis of my comment Traders work in a variety of environments. Clearly they have to protect their proprietary edge. So it is "built-in" that they are isolated from others. I would guess that some of them miss the company of others and simply want more of a relationship to other folks, and certainly there are those who just enjoy teaching.
That's why you are down 1.5 %(23 april) since 1 april in your managed account despite the fact that your paper results on Puretick display a profit. You can't hide anymore behind your fake paper profits. YOU ARE NOTHING BUT A BIG MOUTH, MISTER SCAM.(had that funny feeling when I joined your room)
ppl already replied. most traders are doing it as a source of steady(ier?) income, or a means of second income. in many cases, money from teaching >> money from trading. there's also teachers who are "profitable", as you say. or barely making money, so the teaching provides their main and real source of income. you can find some who will teach how to trade for several thousand dollars, and if you check on them, find out they failed trading at firm X, and became a lecturer / teacher / author / etc. i've helped a few people out with trading. varying levels of success, and i wasn't the only source of information for any of them. the level of desire / dedication has to be there, combined with the weird mix of not caring about money and yet making sure to be very disciplined about money management / stops. personally, i'm not a BSD like some of the people you've associated with. but i don't need to be. i'll take money when "my" setups come along, make lesser money when they don't and i have to keep fishing with tight money management, and go on my merry way. i do fine, and i'm happy with my life.
You can try out the education provider posted in http://forex-all-online.blogspot.com/ Its few hunderd dollars only, and makes real money. not much to lose anyway
Actually you dropped out. I call that quitting. At least you confess your poor trading to the world. And hang out with other poor traders. Why not join Puretick for the long haul. Try not to quit. What other educational endeavors have you dropped? High School? Was math and science too tough? If you can't see it through you will never be a winner. Successfully, Alex L. Wasilewski Co-Founder & Head Trader Trades That Work www.puretick.com 1-877-GOLONG1 ( 1-877-465-6641 )