Mentoring is a long-term process based
on mutual trust and respect...relationship related. Coaching,
on the other hand, is for
a short period
of time and
task related...conflicts may occur. Mentoring
is more focused on creating an informal association
between mentor and student, whereas
coaching follows a more structured and formal
approach. A good way to understand is that the mentor
sits at the top of the hierarchy whereas the coaches are
below the mentor. In fact, the only real mentor I've
ever met...it was a mentor that hired coaches to work
together to coach a student.
Therefore, teaching
someone how to trade is someone that's being coached
whereas a person guiding someone through the career as
trader is a person that's mentoring.
Currently, we do not have a
coaching / mentoring program. TheStrategyLab has
never
coached / mentored any trader and TheStrategyLab has never
stated to anyone that we had any of those particular
service. Yet, I have stated to traders that I may
consider a "coaching service" in the future near the end
of my trading career...when my children become
adults.
Unfortunately, there are trolls out there spreading rumors
that we have a mentor (coaching) program to teach
how to trade via posting negative comments about
a mentoring service that does not exist
here @ TheStrategyLab along with comparing
TheStrategyLab to other vendors that have a coaching /
mentoring program that the trolls are recommending or in
partnership.
In
fact, one particular troll decided to telephone call TheStrategyLab
for a review. During the conversation, after he
mentioned my referral program (he called it an
affiliation program), I then informed him that
TheStrategyLab was once offered 12k by one trader that solicited
(trader contacted me) TheStrategyLab to coach / mentor
him so that the reviewer would know that apparently
there is an interest in such a service.
Yet,
it was a strange solicitation considering traders that
contact me, they typically know that they must post
verification of learning (understanding) and application
of the WRB Analysis Free Study Guide prior to gaining
access to any of my resource. Thus, I suspected that the
trader with a 12k offer to mentor him had a hidden
agenda.
Now back to the other person doing a review of
TheStrategyLab...I stated the below to him:
----------------------
There's no
coaching (mentoring) program to teach anyone how to
trade and one has never existed. Yet, I
do keep a database of those that have contacted
TheStrategyLab to find out if we will one day offer a
coaching (mentoring) program that will only be
in person. The
database consists only of those traders that have
verified they learned (understand) the WRB Analysis Free Study Guide,
understand the Fading Volatility Breakout (FVB) free
trade signal strategy and has verified their trade
performance (application of the Free Study Guide) at the
minimum.
In fact, one trader solicited us with a
12k offer to
be mentored. I told the trader the qualifications to be
put in our database (waiting list) with no guarantee
that we'll start a coaching (mentoring) program and
you'll never be spammed with any of our other fee-base
services.
Also, if you master these two free education resources
with verification of trade performance...we'll hire you
as a coach to coach students in the future if you speak
the student's language because many on the waiting list
do not
speak well the languages that I speak.
----------------------
As shown in the image to the
left, the problematic troll doing the review then
decides to spread rumors / fake news / false narratives
at his review blog that we charge 12k to mentor
traders...most likely due to the fact that we would
threaten his partnership with those charging thousands
of dollars for online coaching / weekend seminars /
webinars and podcasts.
What
happen to the trader that solicited us with the 12k
offer ?
TheStrategyLab never heard back from him again
either because he's not able to verify his trading via
WRB Analysis Free Study Guide or
he solicited us because he's secretly affiliated with
the troll named Emmett Moore Jr. of Tradingschools in
the above image that prefers to spread rumors / fake
news / false narratives that we have a coaching
(mentoring) program, charging traders 12k a piece after
the trader purchase the trading manual.
Just as strange, there was no conversations with Emmett
Moore Jr. about a trading manual
nor any
conversation with him that the trader needed to purchase
anything. In contrast, there was a conversation that
traders must verify they've learned/applied WRB Analysis
in their trading...a conversation not mentioned in
the review of TheStrategyLab.
Think about that very carefully because I thought to
myself...why would someone contact TheStrategyLab with a
strange 12k offer...we told him to post the
required verification of understanding/applying the WRB
Analysis Free Study Guide and he seemed to not know
about those requirements even though its posted all over
the website and forum.
Regardless,
if a trader is willing to pay someone thousands of
dollars when he/she can use that money to pay for your
transportation to go watch the trader that offers a
coaching/mentoring program or vice versa to
trade in person
from his/her trading account in front of your two eyes
for several weeks or more because trading is not
something you can learn in a few days ?
The
reality, there are only a few profitable traders
that do coach/mentor in person but they are most likely
trading in markets that you don't trade. In comparison,
since the evolution of the internet, all others
(profitable or not profitable) prefer online
coaching/mentoring with hindsight chart analysis because
they know its too stressful to trade with real money in
front of someone and coach/mentor at the same
time.
Once again, TheStrategyLab currently does not have a coaching (mentoring)
program...services that has never existed @ TheStrategyLab and
TheStrategyLab has never stated to anyone that we have a
coaching (mentoring) program. Yet, we do have a waiting
list of traders that do want to be coached...waiting for
us to start a coaching (mentoring) program.
With that said, every month, we are constantly asked by
traders from all over the world to start an in
person coach /
student program. Very few have a sincere interest in
learning/applying WRB Analysis Free Study Guide in their
trading while most of the others are either trolls or
drive-by curiosity seekers hiding behind VPNs or rented
IP addresses.
Therefore,
we have started keeping track of these
requests by
traders that want 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 coaching
(mentoring) program becomes available, we'll contact you
via email or
social media if you're a member of our social
media network and you're a verified user of WRB
Analysis.
Stocktwits @
https://stocktwits.com/wrbtrader
Twitter @
https://twitter.com/wrbtrader/
TradingView
@
https://www.tradingview.com/u/wrbtrader/
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 / false
narratives that's intentionally posted by trolls. In
fact, we welcome any suggestions by you about what
you're looking for in a coach 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 @
https://www.thestrategylab.com/tsl/forum/
Definition of In Person
Coaching:
Student travels to the coach's office or
coach travels to the student's at home office for
mentoring or coaching is agreed upon in a co-working
location space...co-working location or rented
conference room is the only preferred option for group
coaching of 2 - 5 traders.
All
coaching is via real money trading via the coach's
trading account in front of the student until the coach
has ensured the student is ready to trade real money via
his/her own trading account with the coach sitting side
by side with the student. In person coach will be for
one month and then online coaching is only used as
follow-up to the in person coaching.
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 coaching / mentoring business. Having a
coach / 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 coaching / 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 ?
Foundation of WRB Analysis @
WRB Analysis Free Study Guide (word
.doc & .PDF file)
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.
Most
mentors today will charge you thousands of dollars.
Thus, we believe they can easily afford to purchase a
plane ticket or drive to your home office to mentor you
in person...from their own trading account and in front
of your own two eyes.
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
@
https://www.thestrategylab.com/tsl/forum
Download and learn/apply the WRB Analysis free study
guide @
https://www.thestrategylab.com/tsl/forum/viewtopic.php?f=119&t=718
Post questions with
charts and post DOKs about WRB
Analysis Free Study Guide @
https://www.thestrategylab.com/tsl/forum/viewforum.php?f=61
Post your "trader profile" @
https://www.thestrategylab.com/tsl/forum/viewforum.php?f=127
Post screenshots of timestamp
trade fills (simulator or real money) in your broker trade
execution platform
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.
(click on below
verification of trade performance screenshots to view
large image)
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TheStrategyLab wrbtrader
Price Action Trading Broker PnL Statement |
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TheStrategyLab wrbtrader
Audit Trail |
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TheStrategyLab wrbtrader
Trade Fills Window |
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TheStrategyLab wrbtrader
M.A. Perry Broker Statement |
The
above different screenshots represent different ways I
verify my trade performance for just one single trading
day from my private trade journal of
hundreds of trading days. These are examples of what
TheStrategyLab expects any student or mentor should be
posting at the minimum although we tend to show other
types of verification screenshots.
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
screenshots of timestamp trade fills (simulator or real
money) in your broker trade execution platform.
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 Free Study
Guide 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 coaching
(mentoring).
All students must agree to make available
to TheStrategyLab.com or to the coach (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 coaching (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 coach (mentor) in
the chat room, Skype or Zoom 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.
(click
on image to review broker trade execution platform with
trading results)
https://www.thestrategylab.com/images/110118-TheStrategyLab-wrbtrader-Price-Action-Trading-Broker-PnL-Statement.png
Archive
Chat Log @
https://www.thestrategylab.com/ftchat/forum/viewtopic.php?f=186&t=2961
By the way, you can identify these
trolls and their secret associates because they
use the word "manual" in error in reference to the
mentoring program that has never existed, WRB Analysis
free study guide or
the fee-base resources. Its a word that was initially
used by someone that does not understand 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
You do
not need to purchase my fee-base strategies
for the referral program nor
to become a mentor of WRB Analysis. You can use your
personal trade signal strategies merged with the WRB Analysis Free Study Guide
to fulfill one of the requirements to refer or teach
WRB Analysis to another trader after
you've verified the trade performance of your trade
signal strategies merged with WRB Analysis.
All mentors must post
screenshots of timestamp trade fills (simulator or real
money) in your broker trade execution platform.
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/tradingview user name,
skype user name or
email 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 nor
will any other trader on the waiting list will know that
you're on the waiting list too
because we're a strong believer in security and
privacy.