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Forex Experts or Mentors

  • #1
  • First Post: Feb 8, 2014 10:02pm Feb 8, 2014 10:02pm
Do you guys know any forex mentors or full time traders that offer trading advice or services?

I know that Kathy Lien and Boris Schlossberg offer trading signals through BKForex but I was wondering if there were more professionals like them.

I saw a website called fxjake.com and I guess that falls in the same sort of category but it looks kind of shady to me... of course I might just have a bias against sites with obnoxious splash page...
THERE IS AS YET INSUFFICIENT DATA FOR A MEANINGFUL ANSWER.
  • #2
  • Feb 9, 2014 5:28am Feb 9, 2014 5:28am
What kind of mentorship do you look for?
Lose small, win BIG
  • #3
  • Feb 9, 2014 10:55am Feb 9, 2014 10:55am
Oh, you certainly won't have any problem finding people offering trading education/signals in exchange for a fee. Trading is full of 'professionals' operating without showing any credentials.
"To hold, you must first open your hand. Let go." - Lao Tzu
  • #4
  • Feb 9, 2014 11:54am Feb 9, 2014 11:54am
There would be more successful traders if people could learn on their own and not rely on so called elite traders.

Would you give advice, help or learn people how to trade for a few bucks if you could make millions out of the markets ? I surely wouldn't and concentrate on the task.

My advice to you is spend more time learning how to trade on your own instead of spending this time to look for a mentor

Best of you luck to you!
COT: The precious data ignored
  • #5
  • Feb 9, 2014 12:20pm Feb 9, 2014 12:20pm
Quoting kuroro001
There would be more successful traders if people could learn on their own and not rely on so called elite traders. Would you give advice, help or learn people how to trade for a few bucks if you could make millions out of the markets ? I surely wouldn't and concentrate on the task. My advice to you is spend more time learning how to trade on your own instead of spending this time to look for a mentor Best of you luck to you!
Some traders just need someone they believe in to help them. So your first point is just your opinion.

Secondly, traders that teach make an insane amount of money so why not do both, if you're a good trader it takes up very little of your time. Why is it people seem to think trading is unique and that as soon as you're making money from trading you will not do anything else with that available capital and time. To be successful at trading you need a natural head for business and teaching people to trade is a natural choice.

Making money from trading is an endeavour where there really is no right or wrong way and the same can be said for how you get there.
tradewith60
  • #6
  • Feb 9, 2014 1:26pm Feb 9, 2014 1:26pm
Quoting 60minuteman
{quote} Some traders just need someone they believe in to help them. So your first point is just your opinion. Secondly, traders that teach make an insane amount of money so why not do both, if you're a good trader it takes up very little of your time. Why is it people seem to think trading is unique and that as soon as you're making money from trading you will not do anything else with that available capital and time. To be successful at trading you need a natural head for business and teaching people to trade is a natural choice. Making money...
Well yes i don't think you can "copy/paste" the stategy and way of trading of anybody's else, gotta find your own.
Every people are different, hence each should have his own strategy. Now anybody can have his own opinion

Why would you make people pay for your teaching if you make 'insane amount' out of the market ? Just help the community for free.
No need to charge 300$ up to 4000$ (like i've seen somewhere) for your advice....as you know nobody knows where the market is heading, we just "guess"
COT: The precious data ignored
  • #7
  • Feb 9, 2014 2:05pm Feb 9, 2014 2:05pm
Quoting kuroro001
There would be more successful traders if people could learn on their own and not rely on so called elite traders. Would you give advice, help or learn people how to trade for a few bucks if you could make millions out of the markets ? I surely wouldn't and concentrate on the task. My advice to you is spend more time learning how to trade on your own instead of spending this time to look for a mentor Best of you luck to you!
That's if you do everything in life for money, why can't some want to teach? And don't say that they can teach for free lol because its normal to charge for services - after all they are putting in their time to create resources, answer basic questions etc and if at the end of the day both the mentor and the trader learning benefit from it, why not? it's a win-win; it's also the best way to filter out those who are serious about learning from those who are just dabbling.

Regardless of how it seems, capitalism works better than other systems.
Build good relationships with others.
  • #8
  • Feb 9, 2014 2:12pm Feb 9, 2014 2:12pm
I think, the author asked for references, not explanations about various learning methodologies and teachers' motives. :nerd:
  • #9
  • Feb 9, 2014 2:14pm Feb 9, 2014 2:14pm
Quoting kuroro001
{quote} Well yes i don't think you can "copy/paste" the stategy and way of trading of anybody's else, gotta find your own. Every people are different, hence each should have his own strategy. Now anybody can have his own opinion Why would you make people pay for your teaching if you make 'insane amount' out of the market ? Just help the community for free. No need to charge 300$ up to 4000$ (like i've seen somewhere) for your advice....as you know nobody knows where the market is heading, we just "guess"
Most of the training/mentorship programs are a monthly subscription, if you just have 100 people paying $100 a month that is a decent income from any business.

If you trading H4 or Daily timeframe how much of your day is going to be free to do other stuff? and if your skill is trading what are you going to do with that time?.....

Seems to me that in trading peoples gut instinct is usually wrong and it also seems to me that peoples gut instinct is that successful traders would not bother with any other trading related business pursuits. But, how many of those hedge fund traders who have proven track records also go and speak at seminars around the globe????... why would they bother?....

I would say keep an open mind,
tradewith60
  • #10
  • Feb 9, 2014 2:18pm Feb 9, 2014 2:18pm
Quoting grin
I think, the author asked for references, not explanations about various learning methodologies and teachers' motives. :nerd:
http://adamjowett.com/2012/09/10-tip...rading-mentor/
tradewith60
  • #11
  • Feb 9, 2014 2:26pm Feb 9, 2014 2:26pm
Saying that a trader/mentor will charge money in order to filter out those who aren't serious is just marketing bullshit. If they're charging you then it's because that's their business, and they want to be paid for their time (gotta make a living...). Regardless of whether the mentor is actually a successful trader or not. If they just want to filter people out, then they'll train people they know, rather than making a website and selling a course.
  • #12
  • Feb 9, 2014 2:31pm Feb 9, 2014 2:31pm
Quoting eurotrash
Saying that a trader/mentor will charge money in order to filter out those who aren't serious is just marketing bullshit. If they're charging you then it's because that's their business, and they want to be paid for their time (gotta make a living...). Regardless of whether the mentor is actually a successful trader or not. If they just want to filter people out, then they'll train people they know, rather than making a website and selling a course.
you misunderstand, the filtering is not done by the mentor, it's done by the market. The cost deters traders who are going in just because its free, and also once people have paid for something they exercise more personal responsibility.
Build good relationships with others.
  • #13
  • Feb 9, 2014 2:41pm Feb 9, 2014 2:41pm
Quoting 60minuteman
{quote} Most of the training/mentorship programs are a monthly subscription, if you just have 100 people paying $100 a month that is a decent income from any business. If you trading H4 or Daily timeframe how much of your day is going to be free to do other stuff? and if your skill is trading what are you going to do with that time?..... Seems to me that in trading peoples gut instinct is usually wrong and it also seems to me that peoples gut instinct is that successful traders would not bother with any other trading related business pursuits. But,...
I do have an open mind

I'd rather invest these 100 bucks in the market and learn by myself.

Internet is full of ebooks/videos/free teaching.

But everybody has his own opinion, all the best to you guys!
COT: The precious data ignored
  • #14
  • Feb 9, 2014 3:22pm Feb 9, 2014 3:22pm
Quoting shellsnail
{quote} you misunderstand, the filtering is not done by the mentor, it's done by the market. The cost deters traders who are going in just because its free, and also once people have paid for something they exercise more personal responsibility.
Yes, in the exact same way a prostitute's "price tag" filters those who will pay for it vs those who just want a free shag. You're buying a product/service, the other party is selling it, and that's all.
  • #15
  • Last Post: Edited 7:29am Feb 10, 2014 4:06am | Edited 7:29am
There are hundreds people including me who search news, do technical analysis and publish their forecast or trading signals on their blogs.
I present my trading signals and analysis on my site http://www.stocks-markets.com/
Some present brief commentary and signals and some just publish signals. what kind of service you need?
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