If you needed one-on-one help with any trading issue, how much would you pay?

March 8th, 2021, 02:37 PM

Big Mike

Perhaps I need to clarify...

I did not mean for coaching or "how to make money". I was talking about people that need help first time setting up their platform, charts, etc. People that want custom indicators created. This kind of thing.

The answer to that is yes. If its something I don't want to do, and don't think I will learn from doing, or that I think somebody else will do a better job, then yes, my time is valuable.

March 8th, 2021, 05:44 PM

fivewhy

You come across as a very nice person.

.....a mentor can be great or not-so-great, but a guide will always lead you astray.

You really do have to find your own way, at some level. No one else has the answers. Only you do.

Having said that, I could use someone constantly holding up a mirror to me. Providing reflection.

Thanks for the kind words @fivewhy! I must say that I know deep down that is the answer. I could probably benefit from a mirror too. Just to "say no" to the angst and get on with the business at hand

March 8th, 2021, 06:57 PM

SMCJB

I genuinely get a kick out of running risk of ruin monte carlo simulations on my laptop in the evenings.....

Bro, bro, bro, brooooooo....you're totally weird. But I like it. 🤣

Tiffsgreta

Just to "say no" to the angst and get on with the business at hand

oh I hear you on that!

March 8th, 2021, 10:22 PM

fivewhy

SMCJB

I genuinely get a kick out of running risk of ruin monte carlo simulations on my laptop in the evenings.....

Bro, bro, bro, brooooooo....you're totally weird. But I like it. 🤣

As I said, or implied, its a passion

Currently running monte carlo simulations of ulcer index vs return/drawdown.

March 9th, 2021, 03:53 PM

Big Mike

Hi guys,

This poll is designed to ask people about one-on-one help they may need (or have needed in the past) with their trading. I want to better understand the needs of the community.

Please vote & discuss!

Mike

Thanks for the Poll.

I would pay money to any day trader who will provide at minimum of 1 year broker documentation that shows he/she makes money trading. Along with 1 month of live watching him/her trade. I will never spend money learning from anyone who is not making money and who can not prove it. Period.

March 9th, 2021, 05:01 PM

goodoboy

Thanks for the Poll.

I would pay money to any day trader who will provide at minimum of 1 year broker documentation that shows he/she makes money trading. Along with 1 month of live watching him/her trade. I will never spend money learning from anyone who is not making money and who can not prove it. Period.

I guess I would pay too, I second that.

BUT, hey!
Why in the world someone who fills the requisites above would bother diving into something like this?
I would not, for sure.

Sent using the NexusFi mobile app

March 9th, 2021, 07:33 PM

SMCJB

As I said, or implied, its a passion

Currently running monte carlo simulations of ulcer index vs return/drawdown.

@SMCJB do you use any particular tools for this? Do you code your own simulations? Have you learned a lot from them? The reason I ask is because I could see getting into this kind of thing, once I've gotten my current (slow, manual, bar-by-bar) research to a certain level.

March 9th, 2021, 10:18 PM

SMCJB

Replied No. To me this poll is as much a "Can you find somebody worth paying?" as it is "Would you pay them?". Since I think the answer to this first question is generally no, the second part became moot.

Saying all of that I have taken @kevinkdog course and it was money I have no regrets spending. So maybe I shouldn't have responded no.

I am lucky that if trading wasn't my career it would be my #1 hobby. In reality it is my career and my #1 hobby. So I spend a lot of money and time and trading not just for the financial rewards, but also for the enjoyment (I restrained from using entertainment) I get from the time I spend. (I genuinely get a kick out of running risk of ruin monte carlo simulations on my laptop in the evenings, regardless as to whether it impacts my actual trading.)

I think the question is really about, would you hire someone to help with an issue, i.e. as a consultant? Would you hire @kevinkdog on a one-to-one basis? I might, it would be probably be worth it to solve a problem or two, knowing what I know now.

Yeah, I get a kick out of running Monte Carlo simulations, too.

March 9th, 2021, 10:22 PM

You can hire a sports psychologist anywhere from $0 to $500+ per session. So, if you're looking for help, try finding a sports psychologist with a specialty in trading.

March 9th, 2021, 10:49 PM

I would pay money to solve one problem I currently have that I do not have time to learn to solve myself. Given the level of effort, it could be a over $1000.

** Edit **
I should clarify.... the problem I have is highly technical and related to automated/system trading, so I have paid, would pay, and may pay in the future for help solving a technical problem that is beyond my capabilities. Private coaching, etc. is not for me, so no, I would not pay.
********

@snax , I use Equity Monaco from TickQuest for Monte Carlo analysis, but I cannot find a download link for you. I am guessing @SMCJB probably uses @kevinkdog 's free Excel tool, which I do as well. You can download here: https://kjtradingsystems.com/calculators.html. It is easy to use and effective.

If you needed one-on-one help with any trading issue, how much would you pay?

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If you needed one-on-one help with any trading issue, how much would you pay?