what do those learning to trade really want to do....?
hello traders of all levels and ranges:
have been wondering for many evenings now on the amazement of so many wonderful offerings within bmt to enable any one wishing to be successful in trading, could get to that point in due time. many of those suggestions, tools, indis and setups et cetera are so very applicable and valuable. however, because of the quantity of offerings, which i think, they more often than not, confuse
those who earnestly and seriously seeking to become profitable and consistent. they just do not know which one to choose.
however, just because of the sheer number of good offerings at bmt, those learning to trade, because of their inexperiency and their limited exposure to profitable traders, would spend most of their learning time testing out numerous trial outs to no avail, thus causing many of them to surmize that, because of the so many changing faces and paces of the markets, there is absolutely no way, that any trader could become profitable, much less consistently profitable.
another more important point in trading which most learners completely confuse themselves, is....
every trader wants to make money.... SO WHY NOT FOCUS ON MAKING MONEY first, instead.... ?
most experienced traders would tell you the truth that.... it takes months and years to become like they are.... consistently profitable at a certain degree....
so why not just scout out those small groups of traders, not necessarily trading guru or trading schools or trading coaches or trading trainers.... so abundant around here and else where.... most of who would want you to invest several thousands of your money to show that you are serious enough.... before anything else.
in my own limited understanding, the only reason most wannabes are here investing their time, energy and effort.... and in some cases, a sizable sum of their own hard earned money, with the wishful thinking and eternal hope that.... they would become proficient in trading soon enough, so they could become profitable soon enough too, before their resources runs out.... eventually.
in my one man humble opinion, a beginning trader would be much better off, if his/her ultimate goal in trading is to make money quickly....; TO IMPLORE AND SEEK OUT THOSE SMALL NUMBER OF ALREADY CONSISTENTLY PROFITABLE TRADERS.... to watch and learn from them who might still be willing to take additional someone under their wings, FOR AN AGREEABLE FEE, whatever the amount may be.
this arrangement would enable those eager to learn trading to be able to earn something from the very first day with their chosen master's trading style and philosophy, while he/she watches and learns with assurance and profitability at the same time.
on the other hand, the wannabe would know right away, if someone who professes to be a consistently profitable trader is really and truly a trader worth its salt.... or not.
on the other side of the same coin, if you are already a consistently profitable trader and if you are so inclined.... you could also offer those who wish to pay to learn from you, the assurance and guaranty that....
".... IF I CAN NOT MAKE MONEY FOR YOU.... THEN YOU DO NOT HAVE TO PAY ME.... "
again this is just a one old man's opinion which might not be worth any wooden penny at all for many traders around here and else where....
at any rate, i have spoken my mind on this very narrow and touchy subject and topic....
thank you very much everyone for your time and your indulgence.
< just so we do not forget: there are always two interesting groups of traders; firstly, those who want to make 'CORRECT CALL' in their trade, even if their 'CORRECT CALL' turns out to be a lost. on the other end of the spectrum, there are also those traders who would not give a hoot, if their call is a correct all, a good call and an exemplary call.... just so the call is profitable....! WHICH GROUP OF TRADERS DO YOU WANT TO OR WISH TO BELONG TO, PLS? if you like, you can respond to my email below. >
wishing everyone profitable and happy trading. firstname.lastname@example.org
The following user says Thank You to nakachalet for this post:
an interesting question for trading vendors, gurus, mentors, educators et al....
i am just thinking out loud and do not intend to offend any one or entity or to mess up anyone's income or livelihood.... OK?
after having been on board here for a couple of years now, and after having read thru numerous columns, opinions, posts and what not, it appears that there are just many many of those who sincerely desired to learn how to trade profitable but very often were enticed by various different trading ads offered by so many different tutors, mentors, trainers including educational trading schools and academics that a majority of these wishing to learn to be profitable traders, were mostly disappointed in different ways.
many even claimed fraudulent enticements and practices after having paid several thousand dollars for something that they did not consider compensatory with what they were asked to pay.
it is very sad that in spite of and despite of these frequent complaints, there have been practically nothing done among avid traders to provide a better answer or even a lightly better alternative for those seeking to learn how to trade profitably. most are just left to fend for themselves. and the same ordeal keeps repeating itself over and over and over, right under our noses.
mind you, i am not accusing any one or any entity here at bmt nor any other trading forums or trading schools, of fraud or otherwise, K? there are laws against fraudsters and those practising frauds. so everyone is considered innocent here, or otherwise each would be prosecuted by now.
i often wonder, if it is even prudent if some entity, trading coach, trading guru, trading educators et al would just tell those wishing to learn how to trade profitably and consistently from them that....
ok, tell y'al what.... I KNOW I AM GOOD, I KNOW I AM MORE THAN COMPETENT AND I AM CERTAIN THAT I AM PROFITABLE.... and more than that i have also been a consistently profitable trader by my own right....
so you do not need to pay me just yet, OK?
YOU CAN PAY ME LATER.... OUT OF YOUR TRADING PROFITS....
just trade along side with me, trade by trade....
if i can not generate positive income for you, then i'll be too humiliated to even ask you for any compensation....
however, if i can help you to trade profitably and consistently, then maybe i am entitled to 20% of whatever your net is....?
perhaps, this unorthodox proclamation would disquiet many fraudulent claims and practices from many wishing to learn to trade profitably and consistently.... and also creating a trading boom for those who dare to stick out their necks to prove their worth. there won't be any more of those requests showing me your certified brokers' statement and what not, so on and so forth.
instead, there would be just.... show me your instantaneous trades, teacher?
this is just one old man's opi, K? which probably does not worth anything to anyone, particularly those who have many many more years of experience in trading and what not.
thx again, y'al for your time and indulgence to date. i really do not have any intention to infuriate or anger anyone, entity or establishment here at bmt or other forums, OK? it is just a one man opi, alright? thx again.
Last edited by nakachalet; September 2nd, 2013 at 04:40 PM.