Mentoring
a new or struggling trader to become a consistently profitable trader is a
very difficult task...
Requiring a successful trader that has
the ability to communicate, teach and trade at
the same time...very few traders can do this.
Also, requiring a student that's
willing to learn and apply what has been learned.
Currently, we are
looking for mentors to mentor the students on our student list and
if your interested in becoming a mentor or want to get on our
student waiting list...please continue reading.
However, I myself
(M.A. Perry a.k.a.
NihabaAshi)
do not mentor retail traders.
Yet, I do share
my
strategies with retail and professional traders for a one time fee
and these are the same strategies that will be used by our mentors when
the mentor program becomes available for those trading any of the
following trading instruments:
CME
Emini Futures ES, NQ and ER2
CBOT mini-sized Dow Futures YM
Eurex Index Derivatives (futures) DAX and DJ Euro Stoxx50
Eurex Fixed Income Derivatives BUND, BOBL and Schatz
Euronext
Futures FTSE-100 and CAC-40
CME Futures
EuroFX EC
Treasury Futures T-Notes ZN, ZF and T-Bonds ZB
Forex Currencies EurUsd,
EurYen and UsdCdn
Exchange Traded Funds DIA, IWM, QQQQ,
SPY, OIH, XLE and GLD
NYMEX Energies Light Crude Oil CL, e-miNY QM and Natural Gas NG
COMEX Metals Gold GC
Hang Seng Index Futures HSI
However, mentoring and
sharing strategies are not the same and many traders get these two
education aspect of trading mixed up.
To understand the
difference between mentoring and strategy sharing...click here.
With that said...all mentors will receive
one-on-one in person training from me to ensure that the
mentors are properly prepared to teach trading to students and this
in person training will be free to the mentors.
Further...currently
we are looking for qualified retail trader mentors that either
resides in or speaks the language of the following countries:
Australia, Brazil, England, Canada,
France, Germany,
Italy, Japan, South Korea, Portugal, Singapore, South America and the
United States.
Please
contact us
if you think you have the rare ability to teach and successfully
trade at the same time or contact us to get on our student list.
TheStrategyLab.com
will be compensated via a middle-man fee after a successful
connection has been made between a qualified mentor and a qualified
student.
Further, any
personal information given to use from you is for our eyes
only and will never be shared, rented, sold, nor for us to
send you junk mail from other companies.
For more info about our privacy statement...click here.
All mentors will have verifiable
trading records and all students must have a verifiable trading
record via account records to determine if they're are
suitable for mentoring...no exceptions.
Click
here to read a message post that provides additional clarification
about what's posted below.
Simply, the verification process
with the below steps will strongly help ensure
that the mentoring results in the student becoming a profitable
trader.
In addition, this ensures a level of protection for
TheStrategyLab.com
and for the student:
All students must show verification
that they are trading and properly capitalized to trade.
All students must answer an in-depth
questionnaire to ensure they are suitable for mentoring.
All students must agree to make
available to TheStrategyLab.com
or to the mentor another verifiable trading record approximately one
year after the mentoring.
All potential
students must watch the mentor
post his/her trades in realtime for a minimum of one month along
with communicating with the potential mentor to ensure they are
satisfied with the mentor's communication skills...
Prior to any in-person mentoring...prior to any
payments.
All potential
students will be required to purchase
educational reading material from our
traders
library and required to purchase our
trading manual.
The trading manual
has a
25% discount for students of the mentor/student program and
there's a refund policy if the real trading during the mentoring
session is unprofitable...contact us for more info.
All potential
students must subscribe to the
free newsletter called
Innerworth (Mind over Markets).
All
potential students are required to
have been using our
trading reports
or
trading
manual for a minimum of one month (20 trading days)
prior to any in-person mentoring.
Simply, if a trader does ask for
mentoring...that trader will already know the merits of our material. This
will allow you and the mentor to concentrate on trading and not spend too
much time on learning the strategies.
After the above...all
potential students must
make a scheduled in person visit to watch their potential mentor
trade in front of them for one trading day.
Students are not reimbursed for any
travel expenses.
However, the student
is allowed to take the same trades being posted by the mentor during
there in-person trading session (student will be required to bring
their laptop) so that he/she can profit to compensate for the travel
expenses.
Mentors will visit the student
location of trading so that the mentor has a chance to review and make
suggestions on improving the student's trading environment because
computer
workstation setup, orientation within your
home office and other issues has an impact on your trading.
Students are required to
pay the mentors for any travel expenses prior to the visit.
More importantly, mentoring
will not began until the mentor is satisfied that the student has made
changes to their work environment accordingly to the mentor suggestions.
Prior to
becoming a trader mentor for TheStrategyLab.com,
all mentors must post
their realtime trades in our
#FuturesTrades trade posting room for a minimum of 6 consecutive
months.
There must also be an end
of day posted
trade journal of those realtime trades that were posted in our
#FuturesTrades room.
Realtime trade posting is an additional
verification process to ensure the mentor is not
having trading difficulties nor drawdown period prior to any mentoring fees.
Prior to
becoming a trader student, all students must post
their realtime trades in our
#FuturesTrades trade posting room for a minimum of 1 month or 20
trading days.
There must also be an end
of day posted
trade journal of those realtime trades that were posted in our
#FuturesTrades room.
The
purpose for the trade journal is to provide use with additional feedback
about your trading day so that we can reply to make suggestions to help
improve your trading without having to do such via email.
All mentors will be teaching via their own trading
accounts with real money by trading strategies discussed in either our
trading
reports along via their own trade methodology that has been reviewed
and approved by us.
Thus, our
mentors will be
walking the talk while students learn without risking a
single penny of their hard-earned money in the market in the first few weeks of mentoring.
However, student will be allowed to do simulation trading via what
he/her has learned so far from the mentor while the mentor is trading
with real money.
After the
first few weeks...students will begin applying what they've
learn in their own trading accounts (real money trading) while the mentor
coaches the student thru each trade from start to finish.
There will be educational and study material prior, during and as
follow-up upon completion of the in person mentorship.
Follow-up support will consist of
private realtime chat, scheduled phone conferencing and email
support for 3 months after the in person mentoring.
Also, there will be
recorded live-realtime videos of trade setups and actual
trades on in the mentor's broker execution platform...recorded during actual market action...entry to
exit with detail commentary from start to finish...all
presented on DVD.
In addition, students will
be able to post important questions in an interactive private discussion forum
where different mentors can respond with
answers.
Therefore, all students
will benefit from each questions.
Additional student benefits include unlimited
access to fee-based seminars and workshops given in live-realtime market
environment.
Thus, none of that
hypothetical trading nor teach
via hindsight mentality that's all too common place among most trader
mentors and fee-based websites.
In addition, any student
that contacts TheStrategyLab.com
as some sort'uv of a challenge...that student will
not be suitable for mentoring.
How much does it cost to be mentored?
Fees will be different via students
needs and their location of trading...
However, the fees will be
based upon the mentor's average weekly profit for the past year...times the number of weeks a student/mentor agree upon is suitable
for the mentorship.
This is reasonable because nobody
expects a mentor to charge less than what they normally profit per
week.
Once again...if your
interested in getting on our
current waiting list of students or becoming
a trader mentor for TheStrategyLab.com
Please contact us immediately.
When you contact us...please tell us specifically
which list your trying to get on...student list or mentor list
along with your city, country location of residence.
If you don't give us the required
above info...we will reply and request the
info and such could delay your place on the waiting list.
Many
traders believe mentoring should be done freely
and if your one of those traders, we recommend the following:
Go to the
EliteTrader.com discussion forum
and look in the
Hook
Up Thread for your city where traders say they live in and want to meet
other traders to share strategies or receive free consultation.
If your city or nearby city
isn't listed...post your own message about wanting to meet traders in your
area.
Next...review their past
message posts to see which traders say or imply they are doing well as a
trader (they don't need to be making 6 or 7 figure incomes) and has good
communication skills with other traders via how they respond to questions.
Next...contact them via private
message and ask them if you can spend some time looking over their shoulder
as they trade and sharing strategies during realtime market conditions.
If they seem hesitant...offer
to buy them lunch (home delivery if necessary) or take him/her and their
spouse out to dinner.
It's the least you can do for someone that's willing
to share profitable solutions with you for free
although they obviously won't have the time and energy to spend with you
like TheStrategyLab.com
What about learning how to trade on your own via trial-n-error (self-taught)?
First of all, we highly
recommend you try self-taught education prior to purchasing anything
from any vendor (books, classes, video courses, mentoring, black box
systems et cetera).
Set a designated time
period for yourself to achieve profitability.
When that time period arrives and you've exhausted yourself of trying to
figure things out on your own...that's when you should start purchasing
education material.
Just remember this...learning from ones own
mistakes can be costly and more often than not will put you out of the
trading business long before anyone can help you.
Remember this...that the failure rate (losing
all or part of your account) is over 87% via a trial-n-error or self-taught
trading methodology.
Simply, few traders become
profitable via the self-taught method.
What about all the
free sharing going on at many discussion
forums?
Be extremely careful about
learning from traders that are not profitable...avoiding the scenario of the
blind leading the blind.
Yet, it is
possible to pick up helpful trading tips that are freely shared at many
discussion forums including our own
forum.
However, most traders will
either go broke or never become consistently profitable via helpful trading
tips because such tips are usually common-sense information.
Do you know of
any trader mentor doing any of the below?
If you do...these are the types
of mentors you should avoid.
Many of the
online mentor services you will find aren't able to help a trader to become
profitable via one or many of the
following business models:
Hypothetical trading
and/or non-realtime trading education
Mentors that do
not consistently post their trades in a free realtime trade posting room for
all to see
Mentors using a
holy grail indicator while the specifics (codes) of that indicator or black box
isn't being shared
Mentors that
consistently use confusing terminology or ambiguous trader tip statements
Mentoring via
email instead of having an interactive discussion forum for all students and
mentors as follow-up only to in-person mentoring
Mentors that
actually don't trade (they traded in the past)
Outdated educational tools
from the bull/bear markets of past and/or tools too difficult to apply to today's
futures, derivatives, currency markets
Asking you to travel and learn in an environment
that you can't duplicate at home
Do not have a private
discussion forum for clients to interact, discussing the live-realtime training,
discussing the live-realtime online follow-up training, sharing
different trade
setups via having different mentors and posting comments about the overall
service (good or bad)
Promoting past trading success while
not mentioning what they've done most recently in
current market conditions
No verifiable
trading record and no conditional guarantee policies
Mentors that
don't have good communication nor good teaching skills
Remember this...a
good mentor will allow you to freely monitor their realtime trade posts,
communication skills along with providing helpful trading advice...freely...
Prior to any mentorship agreements so that
you have confidence in him/her and that the mentor has confidence your
serious about trading via the trading relationship that develops.
In addition...we at
TheStrategyLab.com trade for a living. It's our main source
of income and income from services via our website represent
only a very small portion of our income.
We do not peddle our knowledge nor experience... everything is 100%
opt-in.
Thus, we provide fee-based
services only to compensate ourselves for the time and energy
to help other active traders to become successful traders...active
traders that have contacted us first and then asked for help
with their trading...
After freely sharing
trading tips.
Last of all, if your a
struggling trader that's interested in
free help...contact us
and we'll send you some questions that you must answer about your trading
prior to sending you any useful trading tips that may be helpful to your
trading...
However, the above free help
will be performed at our own convenience to prevent such from interrupting
our own trading.