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Re: Learning how to trade and paying people to divulge their "knowhow"


  • To: metastock@xxxxxxxxxxxxx
  • Subject: Re: Learning how to trade and paying people to divulge their "knowhow"
  • From: Bill Saxon <bsaxon@xxxxxxxxxxxxxxx>
  • Date: Fri, 17 Jul 1998 08:22:27 -0700
  • In-reply-to: <002201bdb0fb$40b49be0$e245e0c7@xxxxxxxxxxxxx>

PureBytes Links

Trading Reference Links

Me too.  Bill Saxon

Cliff Frish wrote:

> I'd be interested in knowing more about this and possibly working with you.
> Please get back to me directly.  Thanks.
>
> Cliff Frish
>
> On Thu, 16 Jul 1998 16:49:34 -0400, you wrote:
>
> >I learnt the hard way, as most of us probably have, over a period of ten
> >years.
> >
> >Since then, I seek out individuals once a year and give them weekend
> >education on everything from money markets to mutual funds to futures to
> >stocks.
> >
> >No bonds or options.
> >
> >After this I work with them via email about twice a week.
> >
> >On occasions we meet for another group discussion of either one on one or
> >perhaps two to three on one.
> >
> >They must promise me to PAPER TRADE with the REAL AMOUNT of money that they
> >would have to trade with for a period of ONE YEAR or I will not begin with
> >them.
> >
> >After this, I help them open their account and continue to support their
> >efforts.
> >
> >They must also promise NOT to try to teach ANYBODY else for at least a
> >period of TWO years of actual market trading.
> >
> >To date - I have 31 traders do very well and slowly sharing their knowledge.
> >
> >Some are still on paper as this is on-going and I just started three fellows
> >this past winter.
> >
> >I only have two ladies trading, both in the market at this point, and they
> >are the BEST of the bunch as they are far more disciplined than the fellows.
> >
> >Nothing sexist here - just FACT !
> >
> >We trade technicals and use MetaStock for our mechanical entries.
> >
> >The exits can not be calculated by MS as we can not capture our entry price;
> >something that I have been bugging Equis about since day one.
> >
> >I have used several other trading software packages and some were
> >ridiculously expensive.
> >
> >We trade solely on the close.
> >
> >I use to trade futures and wished that I could get a "sell on the close"
> >stop in the stock market as well.
> >
> >All of this training and support is completely FREE and WITHOUT obligation
> >other than to keep the two promises previously stated above.
> >
> >I do offer a service for those that have their own accounts and trade their
> >own monies.
> >
> >This is on a small monthly fee and provides them with live signals for buys
> >and sells on stocks that satisfy my trading system.
> >
> >Those that live close enough to me that I can seek them out and train
> >hem  - no charge.
> >
> >I have not had anybody quit trading after completing the one year paper
> >trading program with me.
> >
> >Share the Knowledge - razor