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Mentors & Tutors for new traders

  • #21
  • Aug 14, 2010 8:57am Aug 14, 2010 8:57am
Quoting glenj
In my opinion, it seems clear that if your prepared to do the homework/ research, all you need to get to a level of profitability is available on the net.
Absolutely! And all for free!
  • #22
  • Aug 14, 2010 9:34am Aug 14, 2010 9:34am
Quoting Fxtrader
look what has happened to traders who thought Jacko was the man...now some people might even lose their life savings.
i didnt know about this? could you give me the link where i can read about this.
  • #23
  • Aug 14, 2010 10:20am Aug 14, 2010 10:20am
Quoting fugly
i didnt know about this? could you give me the link where i can read about this.
At the moment its hidden away in the commercial section where noone see's it. Its disgraceful the way that FF moderators have protected and promoted this fraud.
  • #24
  • Aug 14, 2010 10:40am Aug 14, 2010 10:40am
Quoting fugly
i didnt know about this? could you give me the link where i can read about this.
http://www.forexfactory.com/showthre...27286&page=776
  • #25
  • Aug 16, 2010 9:28am Aug 16, 2010 9:28am
Hi All.

Been there, done that

Mentor was/is a shark. Read books, did research on the net, blew a few live accounts, as well as demo, and I am NO closer to actually making it...

So, do you guys have any suggestions that I may be able to use in order to make it in full time trading? (Yes, from basement level to penthouse level. I am afraid I have had so much misinformation that I feel paralysed...)

Help please

Warm regards

HannesJoub
  • #26
  • Aug 16, 2010 10:16am Aug 16, 2010 10:16am
Quoting HannesJoub

Mentor was/is a shark. Read books, did research on the net, blew a few live accounts, as well as demo, and I am NO closer to actually making it...

So, do you guys have any suggestions that I may be able to use in order to make it in full time trading?
Yeah, be a mentor, you're certainly qualified for the job!

Ok, a less sarcastic reply might be learn how to trade, then go and have a look at price action and s&r threads, that should do it!
  • #27
  • Aug 17, 2010 8:24am Aug 17, 2010 8:24am
Quoting pipmutt
Absolutely! And all for free!
I agree if you do research and homework and a lot of it.
My only thing is I would like a mentor who will help me as this is a lonely business (at least from my side)

Because of all the snakes out there it is difficult to trust.
  • #28
  • Aug 17, 2010 9:14am Aug 17, 2010 9:14am
Quoting Krypty
I agree if you do research and homework and a lot of it.
My only thing is I would like a mentor who will help me as this is a lonely business (at least from my side)

Because of all the snakes out there it is difficult to trust.
I am experiencing the same thing cause I am yet to find a good mentor. All on the web has some angle to sell something. I do a lot of research on my own and now follow the threads. But overall this forex journey is a lonely path, what keeps me going is a luv for the markets.
  • #29
  • Aug 17, 2010 10:58am Aug 17, 2010 10:58am
Quoting thefed
I am experiencing the same thing cause I am yet to find a good mentor. All on the web has some angle to sell something. I do a lot of research on my own and now follow the threads. But overall this forex journey is a lonely path, what keeps me going is a luv for the markets.
I know how you feel, I have been learning on and off for the past 2 years due to work and new born in the house.

She is almost 2 now but the bug has bitten me seriously again and I can focus more on my career now. My goal is to be independent and do full time trading one day.

I know it is a long and slow process with hard work. I am chipping away and will get there.
  • #30
  • Aug 17, 2010 12:41pm Aug 17, 2010 12:41pm
Sounds like you two (Krypty and thefed) need to get together and compare notes, if nothing else it will give you a bit of company while you learn and trade.

Sometimes discussing something with someone else can be helpful, they might notice something you didn't.
  • #31
  • Aug 19, 2010 12:11am Aug 19, 2010 12:11am
Quoting pipmutt
Sounds like you two (Krypty and thefed) need to get together and compare notes, if nothing else it will give you a bit of company while you learn and trade.

Sometimes discussing something with someone else can be helpful, they might notice something you didn't.
This sounds like a great idea!!!! There are a lot that we can learn by sharing our experiences and techniques. (Pipmutt) I would not mind showing you my note also :-) Trading is a community affair and there is a lot of the FX pie to share. We can continue sharing via this thread or skype or msn messenger or fb, just let me know the most suitable avenue. Congrats Krypty on the new born!!! I have been trading full time for the past 2 mths (after 9 mths of research and courses) and it has been challenging. Haven't loss but havent really gained either, just added sum more funds from saving to reach $2,500 and targeting $150 per week gains. Question: what are the prfessional traders making and what are their starting capital like??
  • #32
  • Sep 6, 2010 6:56pm Sep 6, 2010 6:56pm
I tell you that I for one was new to forex four or so years ago and read every one of jacko's posts. I watched all these people follow his methods. I ended up going a different way and now it is almost funny looking back.
  • #33
  • Sep 7, 2010 3:31am Sep 7, 2010 3:31am
Quoting Igloo

live sessions with everything taught in front of live charts using webinar technology..
That I believe is the true test, everything is easy with hindsight. Most genuine mentors/trainers are prepared/able to demonstrate in real time and offer free previews to potential clients before asking for a dime.
  • #34
  • Sep 7, 2010 4:09am Sep 7, 2010 4:09am
You lot may think I'm insane for this but as a new trader I have only practiced entirely on Live trading. Why? Because there are so many ways that past data and demo data can be easily manipulated. Live trading is what you get and brokers for the most part have to be honest about that.

I won't lie though, I've blown out my account several times and I might do it again, but I'm fairly certain I'm on the way to a real system right now since I haven't made many stupid mistakes and I'm starting to profit albeit slowly.

I think when many people are saying "If it sounds too good to be true, then it probably is" you really need to listen and just ignore the douches trying to scam you, always question your teachers on everything they talk about if they can't explain then avoid them. I have actually found that this is the best way to approach any kind of education and training.
  • #35
  • Sep 8, 2010 1:04am Sep 8, 2010 1:04am
I"m really glad that I read this thread first. I (and I'd hate to admit it!) found out about forex through a so-called 'guru'.

I am very new to forex, but not internet marketing. The two have the same 'gurus' that promise your the stars, the moon and $100s of dollars on a silver platter. They sell you the dream, basically. And I can tell a fake guru in internet marketing, but I fell for the forext guy. LOL

Anyway, before I continue to ramble, this thread as a lot of good advice for (clueless newbs) like myself.
  • #36
  • Sep 8, 2010 2:49am Sep 8, 2010 2:49am
Quoting dollarsigns
I"m really glad that I read this thread first. I (and I'd hate to admit it!) found out about forex through a so-called 'guru'.

I am very new to forex, but not internet marketing. The two have the same 'gurus' that promise your the stars, the moon and $100s of dollars on a silver platter. They sell you the dream, basically. And I can tell a fake guru in internet marketing, but I fell for the forext guy. LOL

Anyway, before I continue to ramble, this thread as a lot of good advice for (clueless newbs) like myself.
We are glad that some people find this thread useful
  • #37
  • Sep 11, 2010 10:52pm Sep 11, 2010 10:52pm
Quoting HannesJoub
Hi All.

Been there, done that

Mentor was/is a shark. Read books, did research on the net, blew a few live accounts, as well as demo, and I am NO closer to actually making it...

So, do you guys have any suggestions that I may be able to use in order to make it in full time trading? (Yes, from basement level to penthouse level. I am afraid I have had so much misinformation that I feel paralysed...)

Help please

Warm regards



HannesJoub

Hey HannesJoub,

I was bumming around the factory here and noticed that no one had answered you. If you are still in need of a place to learn simple trading with tons of friendly help. Go have a read here : http://www.forexfactory.com/showthread.php?t=2331

There is a paid site but there is NO need to join. All you need is in the free thread that I posted. Only telling you this so you don't think I am trying to get you to a paid service.

That part is an "only if you want to" thing.

Good trading
  • #38
  • Sep 13, 2010 9:33pm Sep 13, 2010 9:33pm
I found a video of a trader trading in youtube while doing my own researching on Forex.

Inserted Video


I am quite amaze by how he can do the trading blindfolded, or is it just because I am new to this trading?

Can experienced traders comment whether is this really possible, so as I am not misled by the facts and myths in Forex?
  • #39
  • Nov 5, 2011 4:04pm Nov 5, 2011 4:04pm
If I could tell you how I lost money trading forex, wouldn't that be a better lesson learnt. The trading game is as much about how not to lose your coin as it is about how to make your coin.
I am usually Wrong
  • #40
  • Last Post: Nov 27, 2011 5:04am Nov 27, 2011 5:04am
Any Aussie mentors out there? I really wish to learn the correct way, and understand forex is a marathon and not a sprint. The most frustrating thing I find is the huge amount of methods and systems out there to filter through, only to find out that they are rubbish.

I have tried james 16 with some success and also tried systems like Sonic and Frateli also with some success, however which is best suited for me? Who knows, how do I answer these questions.

Any advice or aussie mentors out there?

Regards
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