Why do they do it?

This is a discussion on Why do they do it? within the General Trading Chat forums, part of the To Be Sorted category; Originally Posted by Black Swan You'd lose your money. I've created/funded/exited many start ups.. There is no money to lose ...

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Old Feb 7, 2011, 2:03am   #369
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Default Re: Why do they do it?
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Originally Posted by Black Swan View Post
You'd lose your money. I've created/funded/exited many start ups..
There is no money to lose in setting up a trading mentoring/vendor business.
The website might cost you a little but it's negligible.
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Old Feb 7, 2011, 3:12am   #370
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Originally Posted by Jason101 View Post
Ok I was right then and you are a Top Banana.

But do you honestly find managing people less grief than not managing people?
<sigh>, let's not miss the point and keep the post I made on thread heh? The suggestion is/was if you were (for example) a spectacularly successful FX trader would you a. trade and be a vendor/coach or b. use your recorded performance to obtain significant investment to mentor interns/grads in your proven methods and build up a respected firm/business that you could exit for a significant sum?
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Old Feb 7, 2011, 3:19am   #371
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definately not a)
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Old Feb 7, 2011, 3:52am   #372
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<sigh>, let's not miss the point and keep the post I made on thread heh? The suggestion is/was if you were (for example) a spectacularly successful FX trader would you a. trade and be a vendor/coach or b. use your recorded performance to obtain significant investment to mentor interns/grads in your proven methods and build up a respected firm/business that you could exit for a significant sum?

It's too bad WASP isn't around to answer that.
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Old Feb 7, 2011, 7:15am   #373
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Default Re: Why do they do it?
Is it a) or b)? Or was it rhetorical??
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Old Feb 7, 2011, 7:50am   #374
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Is it a) or b)? Or was it rhetorical??
It's B.

You obtain significant investment to mentor interns/grads in a reputable business.

Then the ones you can't get profitable you pass over to the few A's who CAN do the job.

Hi, arabiannights ;-)
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Old Feb 7, 2011, 8:56am   #375
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It's B.

You obtain significant investment to mentor interns/grads in a reputable business.

Then the ones you can't get profitable you pass over to the few A's who CAN do the job.

Hi, arabiannights ;-)
Didn't you find it a pain in the ass to put a trade on on your own account, then switch to the model account broker and duplicate the trade and orders?
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Old Feb 7, 2011, 10:43am   #376
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It's B.

You obtain significant investment to mentor interns/grads in a reputable business.

Then the ones you can't get profitable you pass over to the few A's who CAN do the job.

Hi, arabiannights ;-)
You didn't do the job... he's an impossible job...
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