Looking for a Mentor - NYSE / Nasdaq Stock Trader - Day or Swing Trading

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Old Apr 14, 2007, 5:55am   #1
Joined Dec 2005
Looking for a Mentor - NYSE / Nasdaq Stock Trader - Day or Swing Trading

Hello Everyone,

I am looking for a mentor, someone who would be kind enough to help me in this endeavour. Having taken the full day trading course including Nasdaq level II by Richard Joyson (Mr. Charts) I am still not able to trade successfully. To date I have blown up 2 accounts and cannot afford to lose any more.

My day with Mr.Charts was good, believe me it was'nt easy to part with £1260 of my hard earned cash but when it came to giving it away to someone for a day to help me make it in this business i did'nt have a choice. You see i have read many books and ebooks on the subject and all talk around the same ideas of money management and TA. What I thought was if i could gain some knowledge from an experienced professional and learnt all there was to know about the profession than I would make it.

Unfortunately the end result was not what I hoped for, the day was good and I understood everything that was laid out in the manual and explained, the trade setups, supply/demand on level II / time and sales etc., I even passed the quiz will flying colours. However, when approaching the market with a live account I was reading another story.. as you may have guessed things on paper looked good but when I approached the market with the expectation of making money, the market did'nt always follow through. Trade after trade after trade, when all went wrong I started over-trading and finally I had to give it a HOLD and step back. I tried to give it another attempt and the same thing happened again.

What I feel i am lacking is hands on experience.. I know it is not easy to find a mentor, someone who is willing to teach as most successful people have busy schedules and other interests. I am really looking for someone who trades for a living and would not hesitate passing on his/her knowledge and wisdom. I believe trading is not about a method, its about making decisions and to be able to make more good decisions than bad I need help from a mentor, he/she should be open to me about the profession and how they work in the market, what to expect in a more practical sense than written on paper. I would like to be able to watch my mentor trading live, one may not chose to disclose their track record or broker statements for personal reasons which is perfectly fine with me. All I want is to have the confidence in myself that I am heading in the right direction learning from a successful person. I am willing to give it as long as it takes to make it in this business with the right mentor. I would like to be able to watch the trader whenever possible and the mentor to watch me while I make trade decisions and correct my mistake just like how one starts out learning to drive.

I believe what I am looking for cannot be achieved in a day or 2, naturally it will take time for me to pickup things and start out slowly again. I am sure many successful people out there followed the same path when starting out and received help from another great person and there is no doubt that there are a few self made people in this business who are doing well, some some trading and others teaching.

We all know that we don't live forever but knowledge and wisdom is passed on to another so if I make it some day I would not hesitate helping another because once I was at the same stage and was looking for help and some great person made all the difference.

If there is anyone who is genuinely interested who (may or may not want to charge a fee) please pm me and I will be happy to discuss "what I think I know about trading" and answer all your questions. I live in Wellingborough, and travel Milton Keynes to work usually working night shifts. It took me a while to find a job which offers me the opportunity to trade in the day time and as I only work half a month I have plenty of days which I can spend in the market with a mentor/someone who is willing to help.

No offence to Mr. Charts, in theory he may have taught me what is required to know but the lack of experience in driving the vehicle is driving me crazy.

God Bless
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Old Apr 14, 2007, 9:49am   #2
 
Grey1's Avatar
Joined Jun 2002
Quote:
Originally Posted by TraderAli
Hello Everyone,

I am looking for a mentor, someone who would be kind enough to help me in this endeavour. Having taken the full day trading course including Nasdaq level II by Richard Joyson (Mr. Charts) I am still not able to trade successfully. To date I have blown up 2 accounts and cannot afford to lose any more.

My day with Mr.Charts was good, believe me it was'nt easy to part with £1260 of my hard earned cash but when it came to giving it away to someone for a day to help me make it in this business i did'nt have a choice. You see i have read many books and ebooks on the subject and all talk around the same ideas of money management and TA. What I thought was if i could gain some knowledge from an experienced professional and learnt all there was to know about the profession than I would make it.

Unfortunately the end result was not what I hoped for, the day was good and I understood everything that was laid out in the manual and explained, the trade setups, supply/demand on level II / time and sales etc., I even passed the quiz will flying colours. However, when approaching the market with a live account I was reading another story.. as you may have guessed things on paper looked good but when I approached the market with the expectation of making money, the market did'nt always follow through. Trade after trade after trade, when all went wrong I started over-trading and finally I had to give it a HOLD and step back. I tried to give it another attempt and the same thing happened again.

What I feel i am lacking is hands on experience.. I know it is not easy to find a mentor, someone who is willing to teach as most successful people have busy schedules and other interests. I am really looking for someone who trades for a living and would not hesitate passing on his/her knowledge and wisdom. I believe trading is not about a method, its about making decisions and to be able to make more good decisions than bad I need help from a mentor, he/she should be open to me about the profession and how they work in the market, what to expect in a more practical sense than written on paper. I would like to be able to watch my mentor trading live, one may not chose to disclose their track record or broker statements for personal reasons which is perfectly fine with me. All I want is to have the confidence in myself that I am heading in the right direction learning from a successful person. I am willing to give it as long as it takes to make it in this business with the right mentor. I would like to be able to watch the trader whenever possible and the mentor to watch me while I make trade decisions and correct my mistake just like how one starts out learning to drive.

I believe what I am looking for cannot be achieved in a day or 2, naturally it will take time for me to pickup things and start out slowly again. I am sure many successful people out there followed the same path when starting out and received help from another great person and there is no doubt that there are a few self made people in this business who are doing well, some some trading and others teaching.

We all know that we don't live forever but knowledge and wisdom is passed on to another so if I make it some day I would not hesitate helping another because once I was at the same stage and was looking for help and some great person made all the difference.

If there is anyone who is genuinely interested who (may or may not want to charge a fee) please pm me and I will be happy to discuss "what I think I know about trading" and answer all your questions. I live in Wellingborough, and travel Milton Keynes to work usually working night shifts. It took me a while to find a job which offers me the opportunity to trade in the day time and as I only work half a month I have plenty of days which I can spend in the market with a mentor/someone who is willing to help.

No offence to Mr. Charts, in theory he may have taught me what is required to know but the lack of experience in driving the vehicle is driving me crazy.

God Bless

Ali,

You should understand that Mr Chart's strategy could still work for others and not for you and your discipline and emotion could be your problem. So I would be careful blaming him , saying that I still think mentors who avoid live trading are losers.

I have had many many traders from this board, ( TRADER333, LEVII, IAN,FIBBO,EW1,BLUECHIP,GLENN ...... ) and many many more in my house where we spent 9 hours talking about trading strategies and we traded the market live on my account and in all meetings we managed to make money by the end of the day .

I have few guests here from abroad and they be here for the next two weeks , after that I might invite you for a day with myself with one thing Guaranteed .. I TRADE LIVE and We SHALL MAKE MONEY BY THE END OF THE DAY ( I know it sound cheeky but that is the way it goes .. ) and in return you can send a cheque of £200 to a charity of your choice..

( you can also watch my 100% auotmated program trade trading the US market )

PS:-- Go to the home page and apply to JOIN TECHNICAL TRADER where we concentrate on more advanced trading strategies



Grey1

Last edited by Sharky; Apr 16, 2007 at 6:42pm. Reason: Edited to avoid misintepretation
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Old Apr 14, 2007, 11:20am   #3
 
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Joined Sep 2001
Hello Trader Ali,
Just to correct any false impressions being given, not by you TraderAli, as you know I do LIVE courses all the time and I did offer that to you as well as all the LIVE alerts on my private web site.
You decided there were too many alerts for you personally on the site and also decided not to proceed with a LIVE course.
Over trading is the problem you have identified and from what you've said by email that remains the problem. Self-discipline is by far the biggest difficulty in trading and that applies to the vast majority of people so you are not alone in having to conquer that. I'm always very happy to advise you by email but it is that key ability and determination to sit on your hands and only take the high probability trades - and to exit without hesitation if they start to go wrong - which is the mountainous obstacle you need to overcome.
I shall always remember the day I drove up to your home for the wonderful hospitality of you and your wife.
Kindest wishes,
Richard
__________________
Mr. Charts
Full time US Share Trader
Follow me on Twitter twitter.com/MrChartsJoyson

Contributor to T2W's Trading FAQ Book
http://www.trade2win.com/books/trading-faqs

T2W interview

http://www.trade2win.com/knowledge/a...ichard-joyson/
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Old Apr 15, 2007, 1:56am   #4
Joined Dec 2005
TraderAli started this thread
Quote:
Originally Posted by Grey1
Ali,

Avoid all mentors who are scared of live trading . I have heard the same story from others but best not to talk about it as it cause upsetness. Most of the mentors are Un- educated, losers but very cheeky to claim success

You should also understand that Mr Chart's strategy could still work for others and not for you and your discipline and emotion could be your problem. So I would be careful blaming him , saying that I still think mentors who avoid live trading are losers.

I have had many many traders from this board, ( TRADER333, LEVII, IAN,FIBBO,EW1,BLUECHIP,GLENN ...... ) and many many more in my house where we spent 9 hours talking about trading strategies and we traded the market live on my account and in all meetings we managed to make money by the end of the day .

I have few guests here from abroad and they be here for the next two weeks , after that I might invite you for a day with myself with one thing Guaranteed .. I TRADE LIVE and We SHALL MAKE MONEY BY THE END OF THE DAY ( I know it sound cheeky but that is the way it goes .. ) and in return you can send a cheque of £200 to a charity of your choice..

( you can also watch my 100% auotmated program trade trading the US market )

PS:-- Go to the home page and apply to JOIN TECHNICAL TRADER where we concentrate on more advanced trading strategies



Grey1

Hello Iraj,

Thank you for your kind offer, I know many here talk about you. Discussing with Paul, your approach to the market seems to make sense. With the hope to learn I will be looking forward to meeting you soon. Once again thankyou for your consideration.

regards

Ali
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Old Apr 15, 2007, 10:14am   #5
 
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Joined Jun 2002
Quote:
Originally Posted by TraderAli
Hello Iraj,

Thank you for your kind offer, I know many here talk about you. Discussing with Paul, your approach to the market seems to make sense. With the hope to learn I will be looking forward to meeting you soon. Once again thankyou for your consideration.

regards

Ali
As soon as my guests gone you can come here where I will take you through techniques that keeps you away from trouble and if we did not make $$$ on the day using my approach to day trading I shall send a donation to Cancer research for the sum of $5000...

Business is business and it is time for people to realise there are millions of other traders watching the same chart pattern that you just noticed ( and paid loads of money to your mentor too ) and went long not knowing that GREY 1 shorted the same chart pattern ..


Grey1

Last edited by Grey1; Apr 15, 2007 at 10:20am.
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Old Apr 15, 2007, 10:24am   #6
 
3 Posts
Joined Apr 2007
Quote:
Originally Posted by Mr. Charts
Over trading is the problem you have identified and from what you've said by email that remains the problem. Self-discipline is by far the biggest difficulty in trading and that applies to the vast majority of people so you are not alone in having to conquer that. I'm always very happy to advise you by email but it is that key ability and determination to sit on your hands and only take the high probability trades - and to exit without hesitation if they start to go wrong - which is the mountainous obstacle you need to overcome.
1260 pounds for these words of wisdom.wow! what fanstastic value.

Its such a shame that so called mentors /trainers do not have the decency to warn novices forehand that trading is not for everyone and everything a trainer teaches you can be picked up from a good book.

NO! they have to Tell every Tom Dick and Harry that trading is easy and once they attend a few courses they will be fine.
There is only one word that describes trainers mentors and it begins with a S and ends with M
My greatest respects to Grey who does not need to adertise himself as a trainer,coach to live off other peoples backs.
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Old Apr 15, 2007, 11:15am   #7
 
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Joined Jun 2002
Quote:
Originally Posted by linesniffer
Hi Trader Ali.

Please, please, please, do not pay any more tuition fees. £1260 for a day...was he dressed as Dick Turpin, mask included?

Go to Grey1, but for gods sake do not give him any money. Grey1 seems to think it's a fair deal that if he makes $1 he doesn't have to pay a charity £5K, very slimey, big ego too.

You've got the rest of your life to learn about the markets and find your own little place within them. Don't force it.

Good luck.

There are 10 pages for you to see how much Grey1 makes a day if you care to look at them ,BTW I make money out of weak traders in the market and not from mentoring . Up until this moment I have never ever been paid $$$ for mentoring .. Muchas Gracias lol

http://www.trade2win.com/boards/show...ighlight=olson

Grey1
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Old Apr 15, 2007, 11:15am   #8
 
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Joined Feb 2004
Im disappointed linesniffer, your post and the one above you, were a little ungenerous to say the least. I dont know these guys but they are known and respected members of this site - shame on you both
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