Trading Coaches Who Are They ?

Felix

Junior member
With the varying comments of trading coaches available I thought it would be a good idea to conduct a survey of those that are available as a prelude to conducting a poll of how good they are. So far I am aware of the following but please add to this list any I may have missed out. The only proviso is that they are relatively well known to the Trade2Win members

The coaches I am aware of are

The Blind Squirrel TBS)
Alan Rich (Naz)
Mr Charts
Vince Stanzioni
Darren Winters

Who else have I missed?


Felix
 

be-positive

Veteren member
Hi Felix,
I think you are treading on very thin ice with your last two selections -------(get your barricade up now :cheesy: )
 

Trader333

Moderator
I dont know if I dare even suggest this one because of the previous controversy on here but he is a coach:

John Bartlett or John B as he is known on here.



Paul
 

jonnyy40

Experienced member
Felix. I remain an attendee of this site because of what I've picked up between the lines. I doubt a poll will help. I wouldn't waste my time here if I wasn't convinced there was some Spondulux at the end of it.
 

Newtron Bomb

Experienced member
By just reading the posts from members on these boards you will find nothing but praise for...

The Blind Squirrel TBS)
Alan Rich (Naz)
Mr Charts


By the same criteria you will find an abundance of bad press for...
Vince Stanzioni
Darren Winters

Which leads me to ask, why do you want to know :?:
It would appear that you are looking to attend one such course presented by one of the above if this were the case it really depends on what you are looking for, clearly Mr Charts deals with US stocks along With Alan Rich who in particular specialises in Level 2.
TBS deals with , and i quote, " the basic tools of Technical Analysis. Enabling delegates to recognise trends, chart patterns, targets, entry and exit points for any traded equity, currency or derivative product."

So ask yourself what type of trading do you want to get involved with and find the best person to adhere to your needs
 

al-motor

Well-known member
Felix,

I take it that the names which are mentioned, are the ones which have appeared within T2w- because there are dozens of other trainers/courses that i know of ( mostly in the US)- which most people here would not have heard of them.............
 

ChartMan

Legendary member
Thiss BB is all about passing on information that, in the main, is substantiated by the many experienced members. We try to provide unbiased and truthful information when someone asks a question. The answers above are about as good and helpful as you are going to get.
 

Zenda

Well-known member
Is that the John Bartlett someone has written a report on Trader333 ? in the new seminar review ?
 

stevet

Established member
all trading trainers are failed traders

but some work for trading companies looking after the trainees, and working with the trainee day in day out over months to provide the underlying skills and methodologies in how not to lose money and how to recognise key market signals

the other type of trainer charges private and gullible/keen/desperate/determined people money to teach them basics that the newbie would be far better to learn out of a book or from talking with real traders or from surfing the net

since then the newbie would have a chance to find a trading style that works - wheras trainers that charge will tend to instill in the newbie the same fundamental trading errors that caused the trainer to be an successful trader and therefore start training to earn a living
 

FTSE Beater

Experienced member
Hi Stevet

I couldn't disagree more if I tried :confused:
Without trading coaches, I wouldn't be where I am today. Yes I could read books, but 1) I hate reading and 2) it's very different learning something from a book to being actively shown - if nothing else, the ability to ask questions is very important and you can't ask a book :(

Would you call these people failed traders?

TBS
Joe Ross
Alan Farley
Mr.Charts
Naz
 

iq200

Well-known member
stevet, ok so you have made a blanket statement that all trainers are failed traders. for a minute lets assume that you are correct.
I am learning to trade. So can you please substantiate your claim and tell me how can I learn to trade profitably? Is there such a thing as a profitable trader?

Imran
 
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Finlayson

Well-known member
There r probably very few teachers/coaches who are good traders themselves because of the nature of the business, but they obviously do exist, though a minority.

to say 'all' trainers r failed traders I find a bit of a daft statement to be honest........unless of course u know them all stevet then I will take this back

Jay
 

stevet

Established member
ok

my reasoning that all trainers are failed traders

it is so so hard to cross that line and become a succesful trader - and the forces that drive you to that aspiration need to be so strong that once you have learned -

a) no way are you going to feel you can achieve anything in a day or even a week of training someone

b) why would you want to spend a day of your life training someone when you can be trading yourself and using the skill that is so hard to come by and so gratifying when you do it on all levels

c) you know when you are a trader - some of the things that people need to possess - so in the end you could be a profitable trader and a broke trainer since you would take hardly any students as you would spot the ones who did not have a chance -and pass on training them - but when someone is paying you - would you tell then it was a waste of time for them to pay you to train them - a moral dilema and a good way to go bankrupt as a trainer

and trainers will have a million reasons why it makes sense for them to train you and why they do it - but the reality is that that is how they make their money - not from real trading

there is just so much technical stuff and technical jargon in trading that someone is always gonna feel they got value from training - but unfortunealty making a profit year in year out to support a lifestyle maybe different from a few technical points about markets - and i stress the danger is that you are gonna pick up a style from the trainer which is why the trainer did not succeed at trading

but the point of my post is just to try to give another perspective to this point and since people tend to do what they are advised not to do - perhaps i am just a marketing guy for all trainers!
 

stevet

Established member
ImranQ

the way to learn is

a) get a job in a trading company and perhaps the vetting system will save u persuing something you are not cut out to be

b) find a trader to take you under their wing and just keep bugging the hell out of anyone you can to build up knowledge

c) do anything and everything for free to build up knowledge

but always keep in mind that trading is one of the hardest and most profitable persuits - and just because you can get a trading account does not mean you can be a trader - in the same way buying a knife dont make you a surgeon

if you could make millions trading - perhaps there is more to trading than a day with a so called trainer - a lot lot lot more

everyday another professional like a doctor or lawyer decides to stop all their hard work and have an easy rich life as a trader - and thousands and thousands down the drain later ( in many cases hundreds of thousands and these guys do every course on trading ever produced) - their stint with trading is just an unhappy nightmare

you have to have what it takes and then fight to get to your destination
 

Finlayson

Well-known member
but the point of my post is just to try to give another perspective to this point and since people tend to do what they are advised not to do - perhaps i am just a marketing guy for all trainers!

No Stevet, U make very valid points, & I do see where u r coming from . I would agree that the majority of trainers /coaches r nothing more than people just passing on technical stuff that impresses the newbie, so he hands over his money completely happy.

It seems to be a human trait that people generally put more faith in other people's abilities rather than their own.....& I am no exception. we r all born with generally the same abilities & someone at some point 'has' to make the new discoveries........so why not 'us'?.

Yet people seem happier to pay somebody else.......& for some reason then they put value into that knowledge they have been given...why?

the best favour anybody can do for themselves, is to trust their own ability to learn what they need.

p.s. stevet, fair play to u for giving this other perspective, was just picking u up on that generality.

Jay
 

iq200

Well-known member
steve,

Thanks for your reply.

I hope i am not being too personal, but i assume you trade. Are you profitable? What instrument/s you trade? So how did you become a trader?

Cheers,

Imran
 

Quercus

Well-known member
All,
I think Stevet's point is very valid as a perspective!
Here's another one!
There must come a point in a professional traders life where certain priorities change and a new outlook is developed. Is it not possible that a small percentage of these trainers have a genuine passion for their trade/profession but feel a need to take it easy and allow time for other parts of their life? What better way to do this but to trade to a lesser extent and have the ability to pass on knowledge to others. I have no experience of this but I am sure there is huge satisfaction in developing others as an extension of your experience.
Clearly the difficulty is in choosing a reputable provider of the material! These boards are a constant source of knowledge both about trading and where not to go for training. I mentioned above that there must be a small percentage of trainers who are worth their salt. SMALL is the word, and the choice is down to the individual to make.
Being based down here I have NO choice really as the whole country is only 4million strong. If I was back in Blighty I do know where I'd be putting my money, or at least what's left of it!
Cheers
Quercus
 

ChartMan

Legendary member
I disagree with Stevet. There has to be tutors in all walks of life. Surgeons go on to teach new surgeons, teaching them by example. There is only so much you can get from a book before you have to stick the knife in for real. There are undoubtedly some traders that feel passionate enough about their profession, that they want to pass it on to others. Equally, we have seen that there are the VS & Dw's of this world that defy credibility. You cannot say with all honesty that all trainers are failed traders. Some are, clearly some are not.
 
 
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