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Pimpin the spot currencies

  #111 (permalink)
 
Vincent Vega's Avatar
 Vincent Vega 
Beer Sheva,Israel
 
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Big Mike View Post
Seeing how 90% of traders fail, how could any business model provide so much support and hand holding for free or $50? Your expectations are unrealistic.

Mike

Allow me to disagree.
they can earn much more if it will be available with lower cost to the participant.
more participants,more cash for them.
like any other commercial product.
its elementary my dear watson and its simple economics.
Mass Distribution with fair and attainable fees.

“Only one who devotes himself to a cause with his whole strength and soul can be a true master. For this reason mastery demands all of a person.”--Albert Einstein
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  #112 (permalink)
 
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 Big Mike 
Manta, Ecuador
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Vincent Vega View Post
Allow me to disagree.
they can earn much more if it will be available with lower cost to the participant.
more participants,more cash for them.
like any other commercial product.
its elementary my dear watson and its simple economics.
Mass Distribution with fair and attainable fees.

I'm not trying to change your mind or sell you anything.

It's like the argument of Elite Membership on futures.io (formerly BMT). If someone can't see the value in it, then I don't waste my time trying to sell them or convince them -- frankly, I would rather they just move on anyway because I've found that people that question the value of it are generally the people that aren't interested in being helpful to others.

I can assure you more is not better. I am speaking from experience.

To me, their fee is very reasonable. It weeds out the traders who aren't serious while allowing them to run a business while simultaneously providing a pretty unique and valuable service, in my opinion. Much better than all the people chasing indicators and trading rooms, spending 10-20x as much without ever going through the actual process of learning how to trade for themselves.

I won't comment further because I really don't care if you like TST or not But I thought it was an interesting argument so wanted to comment.

Mike

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  #113 (permalink)
 
Vincent Vega's Avatar
 Vincent Vega 
Beer Sheva,Israel
 
Experience: Intermediate
Platform: NinjaTrader
Trading: YM
Posts: 178 since Sep 2011
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Big Mike View Post
To me, their fee is very reasonable. It weeds out the traders who aren't serious.
Mike

Thanks for your comment and opinion.
I consider myself a very serious person in things that concerns trading.
For you the fee is reasonable,not all of us here earn 10K+ a month.
Some people who are serious are simply under financed and such fees
are too steep.
I thought that the all idea of TST is to make the markets accessible
for traders in my condition.

“Only one who devotes himself to a cause with his whole strength and soul can be a true master. For this reason mastery demands all of a person.”--Albert Einstein
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  #114 (permalink)
 
plethora's Avatar
 plethora 
Los Angeles, CA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Rithmic
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Vincent Vega View Post
Thanks for your comment and opinion.
I consider myself a very serious person in things that concerns trading....

I thought that the all idea of TST is to make the markets accessible
for traders in my condition.


Big Mike View Post
I'm not trying to change your mind or sell you anything.

Mike

Mike might not be trying to change your mind or sell you anything but I am.

I have followed your videos for a while now and believe you know that you are ready to trade live. In fact, the program was desired precisely for people such as yourself. So let's review the situation and please tell me what I am overlooking.

There are three possible reasons I am aware of that stand in your way from participating in a Combine and each issue is surmountable.

(1) Finances

A $30K account for a 10-Day Combine is $160.00. If those funds are unavailable at this time, there are at least 160 people on futures.io (formerly BMT) who would step forward and make a $1.00 contribution. If you choose to, you can acknowledge that debt and repay everyone out of your first sharing arrangements when you trade live with your fully funded account


(2) Stop Loss is too tight

Trade one contract for two or three points and you'll meet the Profit Target in a week instead of two.

(3) You don't think you're ready.

Frankly, I don't believe #2 or #3 are issues but I'm interested in starting this conversation to understand what is standing in your way.

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  #115 (permalink)
 
Vincent Vega's Avatar
 Vincent Vega 
Beer Sheva,Israel
 
Experience: Intermediate
Platform: NinjaTrader
Trading: YM
Posts: 178 since Sep 2011
Thanks Given: 49
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plethora View Post
Mike might not be trying to change your mind or sell you anything but I am.

I have followed your videos for a while now and believe you know that you are ready to trade live. In fact, the program was desired precisely for people such as yourself. So let's review the situation and please tell me what I am overlooking.

There are three possible reasons I am aware of that stand in your way from participating in a Combine and each issue is surmountable.

(1) Finances

A $30K account for a 10-Day Combine is $160.00. If those funds are unavailable at this time, there are at least 160 people on futures.io (formerly BMT) who would step forward and make a $1.00 contribution. If you choose to, you can acknowledge that debt and repay everyone out of your first sharing arrangements when you trade live with your fully funded account


(2) Stop Loss is too tight

Trade one contract for two or three points and you'll meet the Profit Target in a week instead of two.

(3) You don't think you're ready.

Frankly, I don't believe #2 or #3 are your issues of yours but I'm interested in starting this conversation.

1)As i said 50$ for me is a reasonable entry fee.
2)I thank you for your kindness but i do not take charity.
3)I need flexible stops and flexible conditions(TST too strict).
4)As you already guessed i am more than ready.
5)I am not accustomed to their platform and ninjatrader purchase or lease is expensive for me.
6)If TST combine fees would be more reasonable i would invest the time to learn their trading platform.

Thats about it.

Hope things are more clear now.

“Only one who devotes himself to a cause with his whole strength and soul can be a true master. For this reason mastery demands all of a person.”--Albert Einstein
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  #116 (permalink)
 
plethora's Avatar
 plethora 
Los Angeles, CA
 
Experience: Intermediate
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It would be a gift or debt. That said, you are stubborn. Think about it some more and let us know if you reconsider.

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  #117 (permalink)
 
Vincent Vega's Avatar
 Vincent Vega 
Beer Sheva,Israel
 
Experience: Intermediate
Platform: NinjaTrader
Trading: YM
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plethora View Post
It would be a gift or debt. That said, you are stubborn. Think about it some more and let us know if you reconsider.

:0)

“Only one who devotes himself to a cause with his whole strength and soul can be a true master. For this reason mastery demands all of a person.”--Albert Einstein
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  #118 (permalink)
 
Vincent Vega's Avatar
 Vincent Vega 
Beer Sheva,Israel
 
Experience: Intermediate
Platform: NinjaTrader
Trading: YM
Posts: 178 since Sep 2011
Thanks Given: 49
Thanks Received: 54

Last trade before the Passover holyday.



“Only one who devotes himself to a cause with his whole strength and soul can be a true master. For this reason mastery demands all of a person.”--Albert Einstein
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  #119 (permalink)
 
plethora's Avatar
 plethora 
Los Angeles, CA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Rithmic
Trading: GC
Posts: 629 since Dec 2010
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Chag Pesach sameach.
Lehitraot.

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  #120 (permalink)
 
Vincent Vega's Avatar
 Vincent Vega 
Beer Sheva,Israel
 
Experience: Intermediate
Platform: NinjaTrader
Trading: YM
Posts: 178 since Sep 2011
Thanks Given: 49
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plethora View Post
Chag Pesach sameach.
Lehitraot.

Thank you.


“Only one who devotes himself to a cause with his whole strength and soul can be a true master. For this reason mastery demands all of a person.”--Albert Einstein
Started this thread Reply With Quote




Last Updated on April 19, 2013


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