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Starting Over x3
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Starting Over x3

  #1 (permalink)
Elite Member
milwaukee, WI USA
 
Futures Experience: Beginner
Platform: Track N Trade
Favorite Futures: futures
 
Posts: 3 since Aug 2015
Thanks: 1 given, 0 received

Starting Over x3

Hi all!

This is my third go around in Commodity Trading. (Just joined the forum - see my post in the INTRO section!)

I have learned what NOT to do, now I have to learn WHAT to do.

My question is: from your experience, what mentoring service would you suggest I look at considering the following:

I am willing to learn from scratch.

I am willing to put 125% time and effort into the Commodity Business.

I have learned from the Master in Business Management (Mack Clark) and can put that knowledge to use.

I operate a business and although day trading is the goal, I cannot do it at this point right now.

I would like to avoid the trading schools that are operated by people that cannot successfully trade themselves

Please advise.

THANK YOU for this forum!

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  #2 (permalink)
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  #3 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
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mrotto View Post
Hi all!

This is my third go around in Commodity Trading. (Just joined the forum - see my post in the INTRO section!)

I have learned what NOT to do, now I have to learn WHAT to do.

My question is: from your experience, what mentoring service would you suggest I look at considering the following:

You've obviously not spent much time reading threads, because if you did then you'd know that you've already set yourself up to fail again by looking for a "mentoring service".

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

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  #4 (permalink)
Elite Member
milwaukee, WI USA
 
Futures Experience: Beginner
Platform: Track N Trade
Favorite Futures: futures
 
Posts: 3 since Aug 2015
Thanks: 1 given, 0 received

Thank you for responding!


Big Mike View Post
You've obviously not spent much time reading threads, because if you did then you'd know that you've already set yourself up to fail again by looking for a "mentoring service".

Mike

ok, please help me then. Here's my thinking.

I started a carpet cleaning company in 1981 because I had a machine left over from a previous business. I knew absolutely nothing about professional cleaning other than where the detergent and water went and how to empty the machine. So I talked to others in the business and subscribed to trade magazines and found the foremost expert/instructor and took his class (Jeff Bishop). Later, in 1995, we were looking to expand and needed direction so once again we searched for an industry expert on Business Management (Mack Clark). We then expanded into Water and Fire Restoration and took classes in that aspect of the industry.

I agree there are books and videos on how to clean carpet, how to manage a business and how to do Water and Fire Damage repair. But I can tell you it is a far cry from learning from an expert and exchanging information with others that take their classes and have followup conversations with them. In fact, the relationship I had with Mack Clark Management Group was that if at any time I had an Management question I could call and get a 100% correct answer, 100% of the time. I cannot explain how valuable that is, let alone boost confidence in what I am doing.

So now I am entering (for the third time) the Commodity Trading Business and want to learn from an expert. (yes, I realize that almost all "teachers" have actually failed at trading) I posted here because it appeared that the people here are very knowledgeable and that I could rely on their experience (although the final decision is up to me)

Please let me know how this midset will have set me up to fail

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