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Greetings to all my highly esteemed
professional traders:
I am just thinking out loud and hoping it won't upset Mr. Boulter or
too many owners, vendors, gurus, trading schools and truly consistently
profitable traders et all.
It is very sad that there have been many learning how to trade students complaining,
many even shouting, rightly or wrongly, frauds practised by a handful in the
coaching and teaching fields.
I also often wonder, if it is even prudent, if some trading gurus, coaches or educational entities
would just tell those students wishing to learn how to become consistently profitable traders that....
ok, tell you all what....
I AND MY TEAM MEMBERS KNOW THAT WE ARE GOOD FOR THE MONEY,
AND WE ARE MORE THAN COMPETENT IN HELPING YOU ALL EAGER BEAVERS
TO ALSO BECOME CONSISTENTLY PROFITABLE TRADERS IN DUE TIME AND IN DUE COURSE....
YOU ALL CAN COME AND SIT AND WATCH ME AND MY TEAM TRADE LIVE OR SIM, IT DOES NOT
MATTER MUCH AT THIS STAGE, OR YOU CAN EVEN PARTICIPATE IN OUR DECISION MAKING
PR0CESSES IN PICKING AND EXECUTING A POTENTIAL SETUP OR TRADE.
Y'LL DO NOT HAVE TO PAY US ANYTHING FOR NOW.
IT IS GETTING TO KNOW YOU, ME AND US PERIOD.
JUST TRADE ALONG WITH US, CALL BY CALL AND TRADE BY TRADE,
TRYING EVERYTHING OUT FOR PROPER SIZE AND FIT, SO TO SPEAK.
And after a reality trial period, of a week or two or a month or two, whatever
mutually agreed upon,
then and only then, if you are confident and convinced that what we
do and what you see every session is something that you personally are convinced
that whatever we have been demonstrating would help you to become a better and
more consistently profitable trader, then.... paid up.
More importantly, if and when, for whatever reasons, we can not generate positive
income to show you live and up-close; we would be most probably too humiliated and
too ashamed to ask any of you for compensation!
You would think, right? LOL
There are a few other more potent ideas but I'll take a break for now
to give everyone a breather, while I prepare to take cover in one of the siloes. LOL
Can you help answer these questions from other members on NexusFi?
Your idea would wipe out probably 90% of the "education" providers out there. But many of those fake "gurus" belong in jail anyhow, so that is a good thing!!!
Why don't you just post the stats from your live account for the past year? That would cover a lot of territory.
I'm always curious why people start these rooms. If you're making money trading, why bother? It seems like it would be distracting and tedious to run one of these rooms.
@vont
No idea who Mr Boulter is, but; why would trading educators etc give it all away for free when they have a continuous stream of people prepared to pay. Even if they were profitable and opened up their rooms for free and called out the trades a large proportion of the people in the room wouldn’t follow along. They wouldn’t follow because their temperament might not match the educator’s style so after some losses they won’t take the winning trade, or after a couple of losing days they will decide they are going to add an indicator based filter because then they will be able to reduce the losses but still catch all the winners. Or they will have a couple of good days and then get greedy and over leverage because they have discovered the Holy Grail and want to be a millionaire by the end of the year.
You can just look at the original Turtle Traders experiment where you have the dream ticket of successful traders teaching an exact rule based system that is proven to work and they are funding you with their money they made trading so you have proof it works and no risk. Yet still a number of those Turtle’s couldn’t follow the rules or make money.
Or the flip side as was said above, the educators weren’t or aren’t any longer profitable and a room is easy money, especially if you run a room and also sell lots of indicators that Joe Blow thinks will make them rich.
You say your futures experience is advanced, so obviously you are consistently profitable, like all the other people on this forum who have Advanced experience. After all there is only one purpose to trading and that is to make money so nobody can be an advanced trader if they aren’t doing that one easily definable prerequisite. So open a room for people to watch you trade and I am sure you will have a lot of very grateful traders very quickly. You also get some extra ‘pocket money’ from the money they happily pay. A win-win all round.