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Trader Mentorship Program

price action trading

Currently, we do not have a mentorship (coaching) program and TheStrategyLab has never mentored any trader. Unfortunately, there are trolls out there spreading rumors that we have a mentor program, posting negative comments about a mentoring service or comparing our none existent mentoring program with other vendors that have a mentoring program. Once again, TheStrategyLab currently does not have a mentor (coaching) program and one has never existed.

With that said, every month, we are constantly asked by traders from all over the world to start an in person mentor/student program. Therefore, we have started keeping track of these requests by traders to be mentored and maintaining a waiting list with no guarantee that such a service will be started. Yet, its highly recommend you read the below student qualification requirements prior to contacting us to request having your name an email address added to the waiting list for being mentored. Until then, if/when a student/mentor program becomes available, we'll contact you via email or social media if you're a member of our social media network.

Stocktwits @ http://stocktwits.com/wrbtrader  

Twitter @ https://twitter.com/wrbtrader/  

Google+ Plus (wrbtrader) @ https://plus.google.com/106325830593205194165

In addition, you can use this webpage as your official source of the mentoring (coaching) program that's currently none existent instead of reading misinformation that's intentionally posted by trolls. In fact, we welcome any suggestions by you about what you're looking for in a mentor that we have not already suggested below in the qualification sections. Please send your suggestions to the above social media network via private message or join our free forum and post your suggestions @ http://www.thestrategylab.com/tsl/forum/  

Definition of In Person Mentoring: Student travels to the mentor's office or mentor travels to the student's at home office for mentoring or mentoring is agreed upon in a co-working location space...co-working location or rented conference room is the only preferred option for group mentoring of 2 - 5 traders. All mentoring is via real money trading via the mentor's trading account in front of the student until the mentor has ensured the student is ready to complete the mentoring via his/her own trading account with the mentor sitting side by side with the student. In person mentoring will be for one month and then online mentoring is only used as follow-up to the in person mentoring.

Now I'm going to tell you something that vendors don't say and that trolls of TheStrategyLab will not say because they are vendors in disguise or partner (promoting) a vendor in the mentoring business. Having a mentor will not guarantee you will become a successful trader because markets are always changing and you're always changing (personally, socially and financially)...these changes will impact your trading results. Simply, as soon as the mentoring is complete, your trading will change in comparison to the way you were instructed to trade during the mentoring due the markets and you...therein lies the rub.

There's no holy grail, no magical wands, no secret recipes and no guarantees for successful trading. You are the key to your trading failures and successes. Thus, if you're not willing to study hard...why bother trading unless its a hobby to you ?

Therefore, you must download, learn and apply the WRB Analysis free study guide as instructed. We do provide free support but only if you discuss your trading problems. Just as importantly, the free study guide is there for your due diligence and it will verify if WRB Analysis is helpful to your trading. In fact, if I start a mentor (coaching) program, I will not be able to mentor any trader that's not able to understand the WRB Analysis free study guide or not able to verify they understand the WRB Analysis free study guide via the student qualification requirements listed below. 

Why do we only believe mentoring should only be performed in person ?

Too many traders have other issues that are preventing trading success not related to trading. Thus, the only way to discover some of these issues that traders hide or believe its not important...it can only be discovered via in person in the students home trading environment and this will ensure the student has a proper home trading environment prior to any mentoring.

Yet, you may be thinking...what if I have a job ?

We will tell you that you should not be trading from work. Further, we will say that you should only be trading before/after work, trading on your off days or trading on designated vacation days for trading. Your job must remain as your primary source of income until you've save enough savings for a few years of income and your profits have accumulated into a properly capitalized trading account. Just as important, when you trade...you should be mentally focus 100% on your trading and not trying to trade while at work...this is an example of one of those personal issues that traders do not mention to many that's in the mentoring business. 

To get on our student/mentor waiting list, you must do the following:

Join the free TSL Support Forum @ http://www.thestrategylab.com/tsl/forum

Download and learn/apply the WRB Analysis free study guide @ http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=119&t=718

Post questions with charts and post DOKs about WRB Analysis @ http://www.thestrategylab.com/tsl/forum/viewforum.php?f=61

Post your "trader profile" @ http://www.thestrategylab.com/tsl/forum/viewforum.php?f=127

Start documenting your learning and application of WRB Analysis via keeping a journal (digital instead of on paper). We will request you to upload this digital journal (word processor or spreadsheet) to a private thread for us to review.

Show a sincere interest in learning WRB Analysis via posting your questions at the forum about WRB Analysis involving any trade signal strategy you're using even if its not profitable, keeping us up to date about your learning of WRB Analysis, notifying us about any problems in understanding WRB Analysis, posting information about your performance at our forum or any other forum and updating us about email address changes.  

Send us a private message to our social network (e.g. twitter, stocktwits) or an email to request to be added to our student/mentor waiting list.

Also, do not make the mistake of confusing our Advance WRB Analysis Tutorial Chapters and Volatility Trading Report (VTR) trade signal strategies as mentoring. Those services are not mentoring because mentoring requires "in person" interaction between student and mentor in the student's trading environment and/or in the mentor's trading environment. In contrast, our trade strategies will be used in the mentorship program as one of the mentorship tools.

More information about our student/trader price action trading mentor program, please continue reading below because it discusses details about student qualification, mentor qualification and expectations.

Student Qualification prior to Mentoring

All students must show verification that they are trading (simulator or real money) and properly capitalized to trade.

All students must post DOKs to prove to us they understand the WRB Analysis free study guide...post your DOKs (demonstration of knowledge) for tutorial chapter 1 definitions about WRB intervals, post DOKs about WRB Hidden GAP intervals, post DOKs about contracting volatility intervals, post DOKs for tutorial chapter 2 swing point price action definitions and strong continuation price action definitions, post DOKs for tutorial chapter 3 involving whatever trade signal you're currently using regardless if you're profitable/losing in using your trade strategy.

Note: Traders on our student waiting list are removed from the waiting list if they do not actively post DOKs. We may update this requirement to include that the student must provide proof that they're using price action concepts from WRB Analysis. The DOKs is critically important in the learning/application process.

All students must document their learning and application of WRB Analysis as a trade journal

All students will be given a test on the WRB Analysis free study guide that they must pass.

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 students must agree (signed a statement) to allow video recording of the mentoring session because it will be used at a later date as verification and reference for other traders interested in mentoring.  

All students must watch the mentor post his/her trades in real-time for a minimum of one month in the free chat room called ##TheStrategyLab including posting their own trades (simulator or real-money) for a minimum of one month.

All students must communicate with the mentor in the chat room or Skype via discussing WRB Analysis to ensure they are satisfied with the mentor's communication skills whenever they have a one on one discussion about WRB Analysis.

Note: ##TheStrategyLab chat room is not a signal calling trading room. Its a simple chat room for traders to use as their trade journal of trades or thoughts while using WRB Analysis and you can use the chat room to ask questions about real-time price action you're watching on your monitor. There's will be no mentoring in the chat room...all mentoring will be performed in person.

All students must use a professional trade journal software such as tradevue, edgewonk, tradebench, tradingdiarypro or any other professional journal software program for statistical analysis and then make available their trade results prior to mentoring so that we can analyze the results of the student's trading before mentoring versus the student's trading after mentoring. Also, the students trade results before/after mentoring will be used as a marketing tool for the mentorship (coaching) program.

Initial group of students being mentored will be the free users of WRB Analysis and mentoring will be free. Yeah, that's something the trolls don't want you to know. Mentoring will initially be free and I will do these initial mentoring myself (wrbtrader). The purpose is for me to learn the do's and don'ts about mentoring and I strongly believe it would not be fair to charge someone a fee for such. Next, I will then freely mentor current fee-base clients except those that have been banned, not active in posting DOKs/documentation of their learning and application of WRB Analysis. Yep, free mentoring.

The goal will be to give free mentoring to 10 free users of WRB Analysis and 10 fee-base clients. I'm hoping this will be enough for me to learn the do's and don'ts of mentoring along with building up a decent student reference for marking purposes. Yet, all students must travel at their own expense. This is the issue where I'm a little stomped because I also need to travel to visit the student in their home trading environment to discover any issues that's causing the student trading problems. Thus, I'm leaning towards splitting the mentoring into mentoring in an office in my city location and then mentoring the student in his/her home trading office. These are details I will need to determine prior to starting a mentor (coaching) program.

The above are the minimum requirements for students and will quickly identify traders that have a sincere interest in WRB Analysis and mentoring...weeding out the drive-by curiosity seekers, trolls and other trouble makers with a hidden agenda. There will be other requirements that are not disclose until we launch a mentorship (coaching) program. As you can see already, student/mentoring is a two way street that will be needed for professionalism and success and this type of mentorship program will be a threat to most online mentors and a threat to those that promote those online mentors for a fee.

Free mentoring...there must be a catch ?

We currently have a large waiting list of students (a few hundred) offering 10k to 15k to be mentored. After we've learned how to mentor (do's and don'ts) via the free mentoring experiences...we will then charge a fee with a guarantee refund if the student is not able to profit in real trading during the mentoring session.

The trolls are aware of the above information but they choose to continue posting misinformation. Some even choose to review us and categorize us as mentors even though they there's currently no such service. None of these trolls signed up on the waiting list to be mentored and none of them have qualified to be mentored via the above listed requirements. Simply, the above listed requirements has another purpose...to eliminate traders that do not have a sincere interest to learn/apply WRB Analysis and to eliminate traders looking for a get rich or holy grail trading method. The result will also help eliminate traders that are more likely to become trolls because I've will have a personal interaction with those following the requirements listed above.

By the way, you can identify these trolls because they use the word "manual" in error in association with a mentoring program, WRB Analysis free study guide or the fee-base resources. Its a word that was initially used by someone that does not understand that the WRB Analysis free study guide but wanted to be mentored. Also, he believed in error that mentors will be selling when such is not true because the selling is solely the responsibility of TheStrategyLab website and that's via the waiting list he already have. Something else important, students of WRB Analysis that have been mentored...they have the opportunity to become hired mentors if they qualify via the information below.

Mentoring Qualification prior to Mentoring 

All mentors will ensure students are qualified via the above requirements prior to any payment for mentoring. 

All mentors must show verifiable brokerage statements that's signed.

All mentors must use a professional trade journal software such as tradevue, edgewonk, tradebench, tradingdiarypro or any other professional journal software program for statistical analysis and then make available their trade results prior to mentoring to verify it correlates with the signed brokerage statements so that students can analyze the results of the mentor's trading before mentoring versus the mentor's trading during mentoring. The mentor's trading results during in person mentoring will be verified and signed by the student because it will be used as a marketing tool for the mentorship (coaching) program.  

TheStrategyLab via wrbtrader will perform the initial mentoring (free mentoring) of students and then a select few of those traders to become mentors that will then become partners with TheStrategyLab. Simply, we will be hiring students that we've freely mentored to become mentors for TheStrategyLab.

All students that qualifies to become mentors will be paid 75% to 80% of the fees that a student pays to TheStrategyLab. Thus, TheStrategyLab only receives 20% to 25%. Currently, there are trolls posting misinformation about this specific detail via stating its part of a referral program. It is not part of a referral program and TheStrategyLab will use its own waiting list and then give the mentors the contact information of specific traders on the waiting list that want to be mentored.

All mentors will only mentor traders in their countries. This is the sole reason why TheStrategyLab will be hiring mentors because we can not be in multiple different locations around the world at the same time. For example, I do not speak German and I do not live in Germany. Yet, if a mentor speaks German/English and lives in Germany, that mentor can mentor students residing in Germany to reduce the cost of mentoring for the student while I'm giving free mentoring to my fee-base clients (group mentoring sessions).

Many traders believe mentoring should be done freely and if you're one of those traders...join our waiting list via contacting us. Please give your twitter/stocktwits user name, +Google plus contact, skype user name, forum user name at other forums and any other contact info about you to ensure we have a way to contact you if/when the mentorship (coaching) program becomes available. We will not share your contact information with anyone without your permission to do such because we're a strong believer in security and privacy. reviews the-strategy-lab 

Best Regards,
M.A. Perry
Trader and Founder of WRB Analysis (wide range body analysis or wide range bar analysis)
Price Action Trading (no technical indicators) 

Twitter @ wrbtrader@ http://twitter.com/wrbtrader/

http://www.thestrategylab.com
Phone: +1 708 572-4885
Business Hours: 8am - 5pm est (Mon - Fri)
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questions@thestrategylab.com

"If a man does not keep pace with his companions, perhaps it is because he hears a different drummer. Let him step to the music he hears, however measured or far away." --Henry David Thoreau

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