Mentoring
When I first started trading futures and options as a “kid” on the floor of the NYFE, I had the luxury of having season veterans show me the ropes. These traders were able to give me some incredible advice and tips, and, more importantly, point out what I was doing wrong. Having others point out mistakes that I couldn’t see was an invaluable experience that shaved years off my learning curve.
Unfortunately, most traders at home do not have this luxury; they trade in a vacuum and learn from a lot of trial and error, reading books, watching videos, and chat rooms. This can result in paying a high tuition of trading in the process of honing one’s skills.
Being on your own can never compare to having someone with 35 years of trading experience guiding you in the process while working one on one to help you learn the markets, gain confidence, and review your trades. And most importantly helping you reduce your mistakes that will let become a more successful and consistent high probability trader.
MENTORING
Having a mentor can help you in many ways. Here are just a few of things I can help you get a better understanding of:
- Learning the basics of trading
- Making high probability trades more consistently
- Options basics to advance strategies
- Covered calls and puts to make extra income
- Technical analysis
- When to enter and exit a trade
- How to take a loss
- Controlling risk
- Making a trading plan
- Being more consistent
REVIEWING YOUR DAILY TRADES AND POSITIONS
Having a fresh set of eyes looking at your trades is one of the best tools I can offer.
I can help you by:
- Pointing out mistakes you are making
- Letting you know when I think your trade is over
- Showing you were to put proper stops
- Checking to see if you are overtrading
- Analyzing your risk management
- Make sure you are sticking to your plan
- Managing your portfolio as a whole
WHO WILL BENEFIT FROM HAVING A MENTOR?
Anybody who wants to be a better, more consistent trader
- Traders who have little self-control
- Traders with little risk management
- New traders with no experience whatsoever
- Traders who need hand holding
- Traders constantly losing money
- Those who want to learn options
WHO I CAN’T HELP
- Scalpers
- Crypto traders
- Someone looking for the holy grail trading system
- People who are not realistic
- Traders who need constant attention
THE PROCESS
We start with a free consultation via email and phone to see if we are a fit, and then we can tailor a program specifically to your needs.
This could entail daily or weekly phones call, emails, and text messages. Or it could simply be reviewing your positions on a daily or weekly time frame. After a month we will review, and you can decide how to proceed. You can cancel at any time if you are not satisfied. Refunds will be prorated.
As an active trader myself, I limit how much availability I have during trading hours.
PRICING
Pricing is tailored to your needs, but expect it to be around $500 a month, for typical daily email or text communications and 1 hour a week phone time.