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Mar 30 2010 6:28PM
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0 positive votes
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I trade live several mornings per week and maybe a few afternoons
if the market is moving.
The Trading Lounge is open all day for dialog and collaboration
with other Trading Family Members.
It looks like you do a lot of day-trading with small accounts. But
how do you get around the SEC rule that you can’t have more than 3
round-trip day trades in any 5 day period for accounts under $25k? I will teach how to get
around that ----
I saw your comments about how all traders “read the same books” so it
sounds like your trading system might be very different from most other
traders. Is there some sort of formal training or hand holding for new
traders or do we have to just ask lots of questions in the chat room?
I have the course
built and outlined so you can progress at your own pace. I am in the
room in the mornings and some afternoons during the close now that we
have our spring/summer cycle. My goal is to teach ppl how to make their
money by noon, then have a life. This is why we are traders --we make
good money and we don't have to work full-time.
Do you teach us everything you know or is there some information
that you consider to be “proprietary trade secrets” that you don’t
reveal? I teach
you 4 or 5 strategies, help you build life skills, I give some of my
proprietary info (not all) but enough that ppl are able to make 6
figures with me ....shoot, I have ppl that can't even read charts follow
these on their blackberry -
Do you give us the full ability to eventually find setups, and
determine entry, exit, and stop loss points without your help? In other
words, is the black room mainly for new traders, and the idea is for
them to eventually not need it and be able to trade on their own?
I do teach all of
these next questions, however the point of this room is not to move ppl
thru and out. I am building trading family that can trade together for
life. Could you go trade on your own after you've built the skills,
knowledge, and experience? probably --but trading is lonely. I wanted
to build a solid group that can grow together. If I am on vacation, I
know someone will care enough to text me to go check a position, as
example, but I must have the trust to know that person knows what they
are doing. Some will leave, but many will stay as friends and
colleagues. We log on every morning as our "career" ---the membership
price is moot. Sorry I have to charge to teach you, and to have the
tools you can use, but we make that in one day or one week. This is
about people.....not money.....people and their goals, their education,
and their importance to the rest of us.
-
Using Starter Accounts: My kid just opened an account Feb 5
so I could show the options students how to build income with starter
accounts. 1994.00 was the starting amount. today before trading started
it was worth 3349.00 with 1949.00 in buying power! that's 9 trading
days ..she traded 6 of those days around school for a few hours in the
morning
I have many starter accounts of $400 to 1k ---one account last
year, I started with 563.00 in Feb --and by late May is was 10k.
so....I am a big believer in using limited funds to build. I
teach people how to use 1k to 2k to build a consistent income with
options in the black room. Lots of hand-holding with the team...they
learn to trade my system and so far, so good!
Use a simulator that mirrors live trading so you can make order
entry mistakes, and every other mistake there first. I
don't watch CNBC, read tweets, and read all the books...it's just too
much noise. I will review CNBC only to know what they are telling the
masses that really don't know how to trade what to trade so I can trade
around them. smile.....
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Apr 8 2010 3:45PM
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0 negative votes
0 positive votes
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(permalink)
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| Quoting copperstl | I trade live several mornings per week and maybe a few afternoons
if the market is moving.
The Trading Lounge is open all day for dialog and collaboration
with other Trading Family Members.
It looks like you do a lot of day-trading with small accounts. But
how do you get around the SEC rule that you can’t have more than 3
round-trip day trades in any 5 day period for accounts under $25k? I will teach how to get
around that ----
I saw your comments about how all traders “read the same books” so it
sounds like your trading system might be very different from most other
traders. Is there some sort of formal training or hand holding for new
traders or do we have to just ask lots of questions in the chat room?
I have the course
built and outlined so you can progress at your own pace. I am in the
room in the mornings and some afternoons during the close now that we
have our spring/summer cycle. My goal is to teach ppl how to make their
money by noon, then have a life. This is why we are traders --we make
good money and we don't have to work full-time.
Do you teach us everything you know or is there some information
that you consider to be “proprietary trade secrets” that you don’t
reveal? I teach
you 4 or 5 strategies, help you build life skills, I give some of my
proprietary info (not all) but enough that ppl are able to make 6
figures with me ....shoot, I have ppl that can't even read charts follow
these on their blackberry -
Do you give us the full ability to eventually find setups, and
determine entry, exit, and stop loss points without your help? In other
words, is the black room mainly for new traders, and the idea is for
them to eventually not need it and be able to trade on their own?
I do teach all of
these next questions, however the point of this room is not to move ppl
thru and out. I am building trading family that can trade together for
life. Could you go trade on your own after you've built the skills,
knowledge, and experience? probably --but trading is lonely. I wanted
to build a solid group that can grow together. If I am on vacation, I
know someone will care enough to text me to go check a position, as
example, but I must have the trust to know that person knows what they
are doing. Some will leave, but many will stay as friends and
colleagues. We log on every morning as our "career" ---the membership
price is moot. Sorry I have to charge to teach you, and to have the
tools you can use, but we make that in one day or one week. This is
about people.....not money.....people and their goals, their education,
and their importance to the rest of us.
-
Using Starter Accounts: My kid just opened an account Feb 5
so I could show the options students how to build income with starter
accounts. 1994.00 was the starting amount. today before trading started
it was worth 3349.00 with 1949.00 in buying power! that's 9 trading
days ..she traded 6 of those days around school for a few hours in the
morning
I have many starter accounts of $400 to 1k ---one account last
year, I started with 563.00 in Feb --and by late May is was 10k.
so....I am a big believer in using limited funds to build. I
teach people how to use 1k to 2k to build a consistent income with
options in the black room. Lots of hand-holding with the team...they
learn to trade my system and so far, so good!
Use a simulator that mirrors live trading so you can make order
entry mistakes, and every other mistake there first. I
don't watch CNBC, read tweets, and read all the books...it's just too
much noise. I will review CNBC only to know what they are telling the
masses that really don't know how to trade what to trade so I can trade
around them. smile..... |
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