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Forex Mentors - The Best Investment You Can Make?

  • #261
  • Aug 15, 2009 3:30pm Aug 15, 2009 3:30pm
Quoting LasVahGoose
So he makes the straw man that you only spent 12 minutes reading the first page and decided that you were going to join the group. Now he can attack the straw man (only spending 12 minutes) which was never true in the first place. Now he can say, see 12 minutes isn't enough time to for a person to do due diligence. See how that works?
lol, and you guys couldn't even get that right between you, what hope is there of having a sensible debate about specifics!

If it's really that important to you the 12 minutes referred to the time between my suggestion to coscorp in this post to read page 1 of that thread objectively in the expectation he might see things which he missed before, and then 12 minutes later in this post he was asking me for my opinion about which points I thought he had missed. I didn't think 12 minutes was very long to spend evaluating the posts objectively which is why I mentioned it. It's not important really, you're the ones making a meal out of it for some reason. Anyway there's your 12 minutes, nothing to do with due diligence or the time it took him to decide to join the group originally.

Amazing, no wonder you people can't see the obvious errors and misinformation in the first page of that thread, you don't even seem to be able to follow this one.....between you!

Keep on shooting the messenger guys, you certainly don't appear to be able to shoot the message that's for sure
  • #262
  • Aug 15, 2009 3:56pm Aug 15, 2009 3:56pm
Quoting pipmutt
l
Amazing, no wonder you people can't see the obvious errors and misinformation in the first page of that thread, ..

So go ahead and tell us then...puh-lease?
Nihil inimicus quam sibi ipse Marcus Tullius Cicero
  • #263
  • Aug 15, 2009 5:00pm Aug 15, 2009 5:00pm
What a whacked out thread.

I thought this was about whether or not a mentor is a good investment.

Let me weigh in.


Yes.
I'm pretty much done with all this ...
  • #264
  • Aug 15, 2009 5:34pm Aug 15, 2009 5:34pm
Quoting jamiewhite
Pipmutt. you must have a lot of time available.
You spend all your time arguing with everyone.
You spend all your time saying that trading is a NOT good career option for anyone.
You say that because a person mentors other new traders he is a BAD person.
You only write arguing posts.
What satisfaction and benefit do you get from that? Besides wasting your own time?
Pipmutt,

You are the worst type of person on a forum....You are a TROLL
  • #265
  • Aug 15, 2009 5:41pm Aug 15, 2009 5:41pm
Quoting StoragePro
What a whacked out thread.

I thought this was about whether or not a mentor is a good investment.

Let me weigh in.


Yes.
SP, to try and keep things constructive and on topic, would you/could you explain how your mentor benefits you and your trading?

Dan
  • #266
  • Aug 15, 2009 5:44pm Aug 15, 2009 5:44pm
Quoting pipmutt
The thread title was asking whether a mentor is the best investment one can make. More or less from the first post it turned into blatant promotion for Jacko, something which the OP does regularly for some reason, I can only speculate as to his motives.
I didn't see that at all. When members of Jacko's group come back here it is not to boast. It is because we I have found something special and want to tell other traders about it.
  • #267
  • Aug 15, 2009 5:59pm Aug 15, 2009 5:59pm
Quoting AstonDan
SP, to try and keep things constructive and on topic, would you/could you explain how your mentor benefits you and your trading?

Dan
Some of us in the group have already done that. Here are two that I found in seconds

http://www.forexfactory.com/showpost...4&postcount=73

http://www.forexfactory.com/showpost...&postcount=198

If you read this thread and ignore all the crap posted by the TROLL, you will understand the true benefits of having a mentor help guide you through all the pitfalls of trading.
  • #268
  • Aug 15, 2009 6:04pm Aug 15, 2009 6:04pm
Quoting jamiewhite
Some of us in the group have already done that. Here are two that I found in seconds

http://www.forexfactory.com/showpost...4&postcount=73

http://www.forexfactory.com/showpost...&postcount=198

If you read this thread and ignore all the crap posted by the TROLL, you will understand the true benefits of having a mentor help guide you through all the pitfalls of trading.
Yes, some of the subscribers to Jacko's group have, however i asked StoragePro, who i know is a J16 member, to share why he thinks having a mentor is beneficial to him.

I am not looking for anyone to guide me, i am interested in the discussion and for my money, the most valuable contributions so far have come from Hanover, Coscorp, GBPPip and Pipmutt.

Healthy debate is, well, healthy.
  • #269
  • Aug 15, 2009 7:06pm Aug 15, 2009 7:06pm
Quoting AstonDan
however i asked StoragePro, who i know is a J16 member, to share why he thinks having a mentor is beneficial to him.
I'm not answering for StoragePro, but as a member of the James16 group I can say that from James down to all the Sr. Members, everyone is willing to bend over backwards to help in mentoring members. An outstanding group of folks in a safe and healthy environment. People are honest straight shooters, no BS, no pipe dreams, but a ton of help and support to anyone that is willing to put in the blood, sweat, and tears to learn.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #270
  • Aug 15, 2009 9:21pm Aug 15, 2009 9:21pm
Quoting AstonDan
SP, to try and keep things constructive and on topic, would you/could you explain how your mentor benefits you and your trading?

Dan

I have BS degrees in Mathematics and Computer Science. I was taught by competent people. I could not have done it on my own - to the level I attained. Some of the things I do now had to be skillfully inculcated into me.

Trading is no different. Can a man learn to keep his head above water on his own? No.

Make money without someone to teach them how? No way.

Make money with someone to teach them how? Almost always, no.

People won't do what they must do to be a success in this. Human nature. To be effective, you first have to admit that what you think is right, is not. And that normally shatters most people. Personal humility eludes all but a very few. (But it can be learned - painfully)

I have no illusions about this. What makes a person a successful in a 'regular job' will kill you in trading. Fast.

A mentor can help you to change your thinking - before you go broke. Are all good traders mentor material? NO WAY. Mentoring is a skill that is hard to come by - an art. There are a few good traders on this forum - and only a couple of those who can teach and mentor well enough to be of assistance. Most have no patience or the ability to impart what they know deep down. Nor do they care to.

If you find one who is truly different, you found a treasure. And a chance.
I'm pretty much done with all this ...
  • #271
  • Aug 15, 2009 9:30pm Aug 15, 2009 9:30pm
Yeah, I am an active J16 guy. No doubt about it. I treasure his effort more that you will ever know.

I also was a member of Jacko's group for one year. He simply did not melt my butter. I cannot say he is bad - that would not be fair. He just was not my personal cup of tea. But he is a genuine and nice guy. I did it because he attracts a lot of 'static', and it was just $500 bucks, cheap, and I figured if I learned just one thing, it was cheap to do so. And I was curious...

I know of some who love Jacko, and do not like James16. Fine - if they find something that actually brings them success - with real money - over many, many months, month in and month out, in multiple markets, then I say Bravo!

Who is right for you? I cannot say, but they both have threads here, and you can judge for yourself whom of these two walk the path you are inclined to walk.

Same goes for a host of others here who are helpful. Just make sure that you let anyone stand the test of time. That they are real, and capable of teaching. And that they have a live account, with money in it that they themselves trade.

How will you know? Open up an account and begin to experience it. You'll spot the real ones - real fast.
I'm pretty much done with all this ...
  • #272
  • Aug 16, 2009 1:29am Aug 16, 2009 1:29am
SP - excellent post - (and the vouching system DOES work - from time to time at least LOL )

Very well said.

Nihil inimicus quam sibi ipse Marcus Tullius Cicero
  • #273
  • Aug 16, 2009 1:36am Aug 16, 2009 1:36am
Quoting LasVahGoose
I'm not answering for StoragePro, but as a member of the James16 group I can say that from James down to all the Sr. Members, everyone is willing to bend over backwards to help in mentoring members. An outstanding group of folks in a safe and healthy environment. People are honest straight shooters, no BS, no pipe dreams, but a ton of help and support to anyone that is willing to put in the blood, sweat, and tears to learn.
I'm in J16 as well and couldn't have said it better. Have to find more time to get in there though... Another I found useful and would recommend is Strat who has started a mentorship program and last but not least - BRV's thread. I took these 4, put them in the shaker, added some of my own spices and came up with my own system - that works for me. I make my own mistakes - but also reap my rewards.
Nihil inimicus quam sibi ipse Marcus Tullius Cicero
  • #274
  • Aug 16, 2009 6:02am Aug 16, 2009 6:02am
Quoting StoragePro
I have BS degrees in Mathematics and Computer Science. I was taught by competent people. I could not have done it on my own - to the level I attained. Some of the things I do now had to be skillfully inculcated into me.

Trading is no different. Can a man learn to keep his head above water on his own? No.

Make money without someone to teach them how? No way.
Good posts but I don't think you're comparing apples to apples here.

The people who taught you Mathematics and Computer Science were following a prescribed format and educating you to a universally acceptable standard and qualification in subjects where there are only one set of correct answers for everyone. Either you know the answers and pass the exams or you don't. There might be varying degrees of the correct answer and therefore different grades of pass but correct is correct.

Trading is quite different. Although there are some basic universally accepted trading mantra the rest can be a very personal thing, tailored to an individual's personality, it's not one-size-fits-all. There are numerous variations and correct answers and different ways to achieve a pass, ie consistent profitability, in fact if anything it often pays to be individual and not follow herd mentality.

Where it may be effective to teach a classroom of students a set course work about subjects like math or computer science it doesn't work as effectively in trading where each student probably needs different course work according to his own personality, aptitude, and abiity.

I agree that having a mentor can be time and money saving but I'm not sure a general training course classroom situation is the best way to go or will even lead to consistent profitability for the majority of students, a personal one-on-one mentor is a far better choice....if you can find one willing to mentor and can convince him you're worth mentoring!

Incidentally there are plenty of successful traders who are self-taught and who learnt by trial and error and from their own mistakes. It can be expensive and time consuming but some experienced traders say the only way is to pay your dues and that it's an important part of the learning process!
  • #275
  • Aug 16, 2009 6:15am Aug 16, 2009 6:15am
Quoting LasVahGoose
I'm not answering for StoragePro, but as a member of the James16 group I can say that from James down to all the Sr. Members, everyone is willing to bend over backwards to help in mentoring members. An outstanding group of folks in a safe and healthy environment. People are honest straight shooters, no BS, no pipe dreams, but a ton of help and support to anyone that is willing to put in the blood, sweat, and tears to learn.
I am also a member of j16..been there for more than 1 year..got life time membership and if any1 wants to know how jim's school has changed my trading my journal i believe says it all..and i do agree it lovely to be part of a group where every1 is willing to help and theres no BS. i would say it has been an absolute blessing joining
  • #276
  • Aug 16, 2009 4:36pm Aug 16, 2009 4:36pm
Quoting coscorp
I'm in J16 as well and couldn't have said it better. Have to find more time to get in there though... Another I found useful and would recommend is Strat who has started a mentorship program and last but not least - BRV's thread. I took these 4, put them in the shaker, added some of my own spices and came up with my own system - that works for me. I make my own mistakes - but also reap my rewards.
Sounds like you keep pretty busy. I know the mentoring by James16 & Jacko keeps me pretty busy, although I do lurk around the Volume Spread Analysis thread.

I think it takes time find out what is a good fit for each individual and naturally I think everyone over the long run develops their own unique style.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #277
  • Edited 5:01pm Aug 16, 2009 4:46pm | Edited 5:01pm
Quoting StoragePro
Yeah, I am an active J16 guy. No doubt about it. I treasure his effort more that you will ever know. I also was a member of Jacko's group for one year.
Two genuine mentors and we are lucky to have them here at FF. James is on a mission to make successful traders that can go on to live their lives how they want. Can't put a price one that.

Quote
Who is right for you? I cannot say, but they both have threads here, and you can judge for yourself whom of these two walk the path you are inclined to walk.
Yep, some will like one or the other, some will like both, and their will be folks that don't like either one. I'm in the like both camp, at the moment. I think anyone starting out will have a big head start with either one. The best part is the methods are available free and if one really clicks with an individual they can take things to the next level, if they want.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #278
  • Aug 16, 2009 5:00pm Aug 16, 2009 5:00pm
Quoting nAVIN2007
I am also a member of j16..been there for more than 1 year..got life time membership and if any1 wants to know how jim's school has changed my trading my journal i believe says it all..and i do agree it lovely to be part of a group where every1 is willing to help and theres no BS. i would say it has been an absolute blessing joining
The other advantage is you have Sr. Members each with their own style and level of aggressiveness. You can have mentoring by the ultra conservative traders, the really aggressive traders, and everything in between. You can pretty much work with whomever clicks with your own style and learn from that person.

I think its great your improving. I know I'm getter more and more selective with my trades as time goes on and taking better setups. Their are traders that only learned from the free thread and think that is pretty cool.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #279
  • Aug 16, 2009 5:31pm Aug 16, 2009 5:31pm
Quoting pipmutt

Incidentally there are plenty of successful traders who are self-taught and who learnt by trial and error and from their own mistakes. It can be expensive and time consuming but some experienced traders say the only way is to pay your dues and that it's an important part of the learning process!
You have more than 80 posts in this thread saying that mentoring is a waste of money. Everyone else is disagreeing with you.
You have become a TROLL who likes to argue with everyone. Your position is not supported by even one fact.

And forex is NOT the place to learn expensive lessons based on trial and error.
  • #280
  • Aug 16, 2009 5:34pm Aug 16, 2009 5:34pm
Quoting LasVahGoose
Two genuine mentors and we are lucky to have them here at FF.
The best part is the methods are available free and if one really clicks with an individual they can take things to the next level, if they want.
Well said.
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