Free mentorship offer to highly-motivated traders

This is a Collaboration Offer to those looking for career development in financial trading either as a trainer, educator or algorithmic programmer

I am looking for highly-motivated people who are keen on learning financial trading to work for others or trade on own account.

I can mentor only those who possess any basic skills they need for their own career development besides helping me develop e-trading lab, algorithmic programming platform and e-learning or video lessons or webinars for non-profit learning courses.

Skills required are relating to:

1. Experience with mobile platforms - Metratrader 4 and/or Interactive Broker's IBKR
2. Production of video or e-learning lessons
3. Speaking or making a presentation for a webinar
4. Algorithmic (algo) programming or Metatrader EA

I will personally mentor them free of cost in exchange for their time for producing community e-courses for the elderly community.

I have no commercial agenda but I am confident by the time the trainees complete producing the courses, they would be in a position to trade by themselves (if they are sufficiently funded) and can demonstrate live trading publicly and effortlessly with full confidence.

If they have oratorical skills, they can become educators as well and pursue their own career.

What qualifies me as a mentor?

I am nearly 70, a retired Financial journalist, having experience of trading Currency options (35 years) and online fx spot trading since 2004.

I use a combination of fx spot, currency futures and currency futures options.

Based on my experience:

Fx spot traders need deep pockets and a high tolerance for risk. Underfunded traders (minimum $25,000), as well as those who can't handle their psychology, should keep away from real-trading and do simulated trading for months before thinking of trading with real money. Psychology factor contributes 85% to success and skills account only for 15% because you are trading against unseen forces of demand and supply.

Fx spot or Fx futures exposure is linear. For $1 move the instrument will gain or lose the value of $1.

On the other hand, Option buyers enjoy the prospects of achieving exponential growth in their account. Health insurance is basically a Put option. Think of the kind of non-linear exposure gains a health insurance policyholder/buyer enjoys. A payout of $100,000 as reimbursement of surgery costs while the premium paid was just $2,000 a year!

Look at how just changing from linear to minor non-linear (compounded) exposure gets better returns:

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Buying of Fx options needs small capital of $5,000 and need skills of predicting breakouts in the shortest possible of time. Psychology factor is not that important because the risk, breakeven, probable profit or loss can be figured out before trading.

Selling Fx options need $25,000 (selling options won't be approved by brokers easily) and strong skills of managing risks. A seller is like an insurer who sells 2,000 health policies and willing to take some risks and looking for a limited but regular income.

Buying and selling of Future options as a spread or a combo is again a skill requiring risk controls.

If you trade on mobile, you don't need any technical analysis skills of your own. All are available free on the internet. A dozen of free sites provide you with all the information you need.

Why should you learn to do technical or even fundamental analysis when experts are doing it for free of cost. Employ experts free of cost.

Why do you want to get involved in doing all mundane things except to give space to your brain to make a decision?
How to focus will be taught by me from my personal experience.

I will help you reduce stress, and make your trading clutter-free and efficiently provided you are sufficiently funded and have high motivation to do it without overloading your brain with information or get distracted by the market noise or lures of earning quick and big money by investing tiny capital.

Just focus on what you want to be?

A trader. Yes. But have no money. So what?

Just focus on trading on your account from 3 years from now.

Yes, you can be in a win: win situation if you decide to pick up the trading skills waiting for capital to be raised Without investing your money but your time you remain focussed on your ultimate goal of trading in future.

Get a career education and become a gig - trainer in your spare time - and save money.

Trading like any other profession needs at least three years of time to pick up skills.

I can mentor you without expecting any reward in you becoming an educator, trainer and programmer in six months of time.

Those interested may apply for to be a mentee and contact me by PM.

What you will learn and produce videos for is based on my hands-on trading experience and not any academic work.
Total modules will be 18 Each video should not exceed 10 minutes of narration.
Price Action trading using Mobile Trading Platforms of Android MT4 and IBKR:
1. Spot Fx (10 modules because this is the foundation for 1, 2, 3 and 4 methods)
2. Directional Buy Options (2 modules)
3. Directional Option Spreads (2 modules)
4. Neutral or non-directional Selling Options (4 modules)
Topics covered will be:
How to be a self-directed Trader: Getting Started Two phases covering Mobile and Desktop (a) MT4 Android (b) Android IBKR (c) MT4 PC (d) IB TWD
Big picture of Price Action - looking at the markets differently and aligning trading goals with your personality.
Assessing Current Price position: with an analogy of fishing and angling operation. Easier to explain how to fish without using any technical terms or lingo.
Spotting Momentum: where to start and where to end, what kind of pockets you need
Spotting Price exhaustion: where to start, where to end, what kind of pockets you need
Analysing catalyst or a reason to trade: When to trade? When not to trade?
How to protect pockets? Understanding leverage, initial margin, free margin, equity, balance, cost averaging, varying lots, positions management, drawdown etc. Low-Risk High Returns objective. How to use combinations of fx options to control risks or retrieve the value from losing positions.
How to be an investor or manage wealth without being a self-directed trader: Source decision-making online tools, assess advisors, etc.

Eligibility Test: Questions for mentees applicants
(You may use a separate sheet to answer them comprehensively


I would be providing mentoring services which would normally cost between US$20,000 to US$50,000 free of cost. It will cover spot fx, future fx, selling of future fx options, buying of fx options, selling and buying of option credit and debit spreads, managing risks by using options, doing rollovers and recovering value from losing trades.

Sharing my experience is my passion and I don’t expect any financial rewards. As a real trader, I can always make money from trading on my account. Sharing gives me intellectual satisfaction and inner peace.

But I do expect something in return that is, full assistance in producing community e-learning courses which would take 6 months - 3 months for completing the course and next 3 months for practising by way of paper trading and refining the course material.

You will have to provide the course material within 36 hours of receiving the models and instructions. You can’t sit upon it without any valid reasons. If you don’t have some of the required e-learning video courses production skills, you can arrange partners who have skills at your own expense.

Producing the course is part of the learning process. Sticking to deadlines is also part of your commitment and learning process


1. Please tell me about yourself.

What job do you do for a living?

You will have to provide your employer’s details.

Is the income enough to support your lifestyle?

Do you consider yourself financially secure?

2. Are you a hobby trader? If yes, why do you dabble in hobby trading? And what has been your experience so far?

3. Are you funded enough for doing real trading? If yes, what are your expectations? And what has been your experience so far?

4. What do you expect to gain from being my mentee? How will you apply the knowledge you acquire from me? For your related career development? Or just for enhancing your skill set?

5. How do you handle stress and pressure? Describe a difficult work situation or project and how you overcame it.

6. What are your goals for the future related to personal financial trading? Do you think they are realistic and achievable considering your financial situation? If yes, what is the timeframe?

7. What Skills do you possess in terms of producing e-learning course videos? Please be specific. Do you think you can find assistance at your expense to help you out in areas where you don’t have those skills? Skills required for the following:

01. Setting up of virtual FX Trading and FX Futures Options Strategy Laboratory:

Video demonstrations on both desktop-based and mobile financial trading platforms in general and Metratrader 4 desktop and Android Mobile Mt4, Interactive Broker's TWD desktop and IBKR Android.
02. Production of video/ e-learning lessons using screen recording of PP slides, charts, video explainers, infographics, illustrations, graphics and text, quizzes, etc.
03. Providing audio and video narration: Making voice-overs for the video lessons and webinars on trading.
04. Algorithmic (algo) programming for Interactive Brokers and Metatrader using their APIs or trading platforms in a suitable programming language.
05. Excel and VBA programming related to financial trading and modelling.

8. Learning requires dedication and discipline. Do you think you are willing to sacrifice your recreational time to learn something worthwhile which can help in your career development as a professional trader working for self (when having sufficient funds) or others as a prop trader, wealth manager, as an educator, as an algo programmer or as a financial trading content writer?

9. Do you love trying different strategies all the time? What has been your experience? How much time do you think a strategy needs before you get some results out of it? How strongly do you believe in the efficacy of indicators and technical analysis? If yes, why? If No, why?

10. Do you believe in experiential learning - learning and doing together? Do you have the patience to focus on your learning and give time to pick up the skills? Trading is not a casual activity and are you willing to give at least 3 years to become a professional?

Hello, i just saw your free forex mentorship and im interested. Please where should i send the application and agreement forms? Thank you

Thanks for being so generous,I am interested in this program,plz let me know more about it.

Wow all sounds really great, thank you for your generosity

Hello,

I am wondering if this opportunity is still available? I know that I will be a great asset to you in return for the mentoring

Regards,
Rick

Can you mentor me?