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I don’t know any mentors like you are asking about, but I do know two great
traders. One has a chat group that he calls No Brain University (NBU). He
constantly makes millions of dollars a year. He only has a bad week a couple
of times a year or so. He probably has a 90+% win or b/e rate. He likes to
rant and will say things like that in 17 days the S&P will be down to 646. He
will be heavily short with many large contracts based partly on that belief.
An hour later he may be flat or long because of what he sees in the market.
He just follows the market and doesn’t let his ego get in the way.
Another trader is retired. He had a bond hedge fund that averaged 68% over its
lifetime. That was after he took his 20% fee off of the top. He currently
has two or three systems that all do well at times. He would just trade the
one that was working well. He would stop trading quickly any system that
didn’t win. I once saw him make 35 winning day trades in a row one week. He
said that when the systems work then you have to keep “ringing the cash
register”.
Both traders would let the market tell them what to do. They had no ego. Both
also had patience and would only enter or exit a trade that was under their own
previously chosen rules.
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