Sorry guys. I do appreciate the requests that have come via PM, but I've stopped doing one-on-one mentoring a long time ago.
I've mentored seven (7) Traders total over about 15 years and that's pretty much all I'm going to do along those lines. I felt this was the most efficient way to inform you, rather than responding to individual PMs. This sort of gets the message out broadly in a section of the forum where you can see it, but also where I can't be accused of "selling something." You know how some of these paranoid people on trading forums can be. The moment you start talking about "Mentoring" or "Trading Systems" they go into full retard mode and start claiming that you're an alien from Mars who lived in a trailer park for the past 150 years. Or, something equally as dumb, on their way to "protecting the forum" from evil "sales people." Total lunacy I know, but that's the way it works in the online trading world these days.
I wish you all the best and hope that you establish yourselves as the kind of Traders you really want to be. Nothing replaces hard work, outside the box thinking and being willing to really pound on your craft day in and day out until you reach your goals. This is a full time business for those Traders who have taken their performance to the next level and started their own Trading Firms. Not all of you desire that, but some of you do and I can tell you that it is possible with diligent work and a commitment to being the best Trader you can be.
If you simply go out and look at the Traders who actually turned the corner and now have private proprietary trading firms of their own where they are its CEO and Founder, you will note that in the vast majority of cases their story has been a kind of unnatural work ethic that is unrelenting, filled with passion and a sincere desire for growth and development. None of the Traders that I know personally who finally made it out of the pure retail ranks, did so part time. That's just the truth. This is a full time Career choice and Lifestyle choice. You have to be in a position in your life where you can fully commit for as long as it takes to get where you desire to be. And, none of them got to where they are today without going through the pain of losing thousands in the process of obtaining their Work Street education.
There are those Traders who came up on Wall Street or within that type of environment and those who came up on what I call Work Street. That's when you pay the dues the hard way. You own every book ever written on trading. You have a personal library filled with authors who discuss what they learned along the way. You've always put your own capital at risk and never sought the money of anyone else. You are completely disinterested in managing other people's money. You have always wanted to be your own "fund manager." You enjoy running your own business and you can't want to wake up in the mornings, going to work on developing new trading ideas and concepts. This is a Lifestyle and the Career and this is the pretty much the signature of most people I know who finally made and that individual could be you as well.
As for me personally, I am currently engage in a private research project right now with a very talented individual who I have no doubt will become highly successful as a Trader in his own right. We are currently working together on a next generation Non-Directional Trading System that I sincerely believe will actually be superior to my original 7thSignalTrader System, which I never dreamed could or would be trumped by anything else I could design. The project is called "The Event Horizon" and I am very exciting about its future. That research project has been ongoing for the past year and a half and we are getting very close to the Test, Optimization, Deployment and Monitoring phases.
That's it for me around here as I need to get back the lab and my work. All the best to you guys and may all your trades resolve profitable.
Best Regards,
iDS
I've mentored seven (7) Traders total over about 15 years and that's pretty much all I'm going to do along those lines. I felt this was the most efficient way to inform you, rather than responding to individual PMs. This sort of gets the message out broadly in a section of the forum where you can see it, but also where I can't be accused of "selling something." You know how some of these paranoid people on trading forums can be. The moment you start talking about "Mentoring" or "Trading Systems" they go into full retard mode and start claiming that you're an alien from Mars who lived in a trailer park for the past 150 years. Or, something equally as dumb, on their way to "protecting the forum" from evil "sales people." Total lunacy I know, but that's the way it works in the online trading world these days.
I wish you all the best and hope that you establish yourselves as the kind of Traders you really want to be. Nothing replaces hard work, outside the box thinking and being willing to really pound on your craft day in and day out until you reach your goals. This is a full time business for those Traders who have taken their performance to the next level and started their own Trading Firms. Not all of you desire that, but some of you do and I can tell you that it is possible with diligent work and a commitment to being the best Trader you can be.
If you simply go out and look at the Traders who actually turned the corner and now have private proprietary trading firms of their own where they are its CEO and Founder, you will note that in the vast majority of cases their story has been a kind of unnatural work ethic that is unrelenting, filled with passion and a sincere desire for growth and development. None of the Traders that I know personally who finally made it out of the pure retail ranks, did so part time. That's just the truth. This is a full time Career choice and Lifestyle choice. You have to be in a position in your life where you can fully commit for as long as it takes to get where you desire to be. And, none of them got to where they are today without going through the pain of losing thousands in the process of obtaining their Work Street education.
There are those Traders who came up on Wall Street or within that type of environment and those who came up on what I call Work Street. That's when you pay the dues the hard way. You own every book ever written on trading. You have a personal library filled with authors who discuss what they learned along the way. You've always put your own capital at risk and never sought the money of anyone else. You are completely disinterested in managing other people's money. You have always wanted to be your own "fund manager." You enjoy running your own business and you can't want to wake up in the mornings, going to work on developing new trading ideas and concepts. This is a Lifestyle and the Career and this is the pretty much the signature of most people I know who finally made and that individual could be you as well.
As for me personally, I am currently engage in a private research project right now with a very talented individual who I have no doubt will become highly successful as a Trader in his own right. We are currently working together on a next generation Non-Directional Trading System that I sincerely believe will actually be superior to my original 7thSignalTrader System, which I never dreamed could or would be trumped by anything else I could design. The project is called "The Event Horizon" and I am very exciting about its future. That research project has been ongoing for the past year and a half and we are getting very close to the Test, Optimization, Deployment and Monitoring phases.
That's it for me around here as I need to get back the lab and my work. All the best to you guys and may all your trades resolve profitable.
Best Regards,
iDS
F-X-C-M | A Classic Retail Bucket Shop Scam Artist Who Manipulates Prices