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It may be the wrong approach, but it is the only
approach I would use.
There would almost be no-way to know or find out about a
mentors past students. The mentor of course may have had hundreds or
thousands of students. And to find out if the sytem worked for them, you
would have to go through hundreds or thousands of brokerage statements.
That is the hard way of doing things. And if you asked the mentor, he
would give you a hand full of students to talk to, out of the
hundreds.
It would be so simple to look at the mentors last 5
years of statements. And if the system is working for the mentor, it
should work for you.
I like the simple way of doing thinks. Go to the
source and don't beat around the bush. If the mentor won't show you, I
would never expect or ask a student to show you.
Just remember, charts can show you anything.
Brokerage statements can show you one thing.
Anyway I go back to the first post. Has this mentor with
the 80% correct trades just showed the student charts? Or has he shown the
student the money?
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Ira
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Sunday, October 12, 2003 11:40
AM
Subject: Re: [RT] OK....which
market???
I think that this is the wrong approach. It has
nothing to do with the mentors ability to trade and everthing to do with the
results of past students that he is currently mentoring. If the
system works for them it should work for you.
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
RB
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Sunday, October 12, 2003 2:13
PM
Subject: Re: [RT] OK....which
market???
Has this mentor should you his brokerage statements
for the last 3 to 5 years? Or just the charts. Also
remember. It is not the win rate. It is the money made!
You need to remember that. You can be shown charts showing all
kinds of, what you could of or should of done. It is the money
made-brokerage statements that count.
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Sean
Cassidy
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Sunday, October 12, 2003 10:59
AM
Subject: [RT] OK....which
market???
<TABLE id=INCREDIMAINTABLE cellSpacing=0 cellPadding=2 width="100%"
border=0>
<TD id=INCREDITEXTREGION
width="100%">Since there appears to be a consensus out there that
the S&P is a very difficult market to trade, and we all know
what not to do, could I get an idea what is exactly the best market
to trade?
I am working for a company that has just been bought and may be
losing my job in a few days. I have very limited cash to do this,
probably about $2000.
What has been frustrateing me is that I have a trading mentor
who is using the best most accurate method I have ever seen.It has
an 80% win rate or so and uses a 1 point stop on the S&P (yes, 1
point). It is a very subtle method that uses boliinger bands and
multiple time frame analysis.
Again with such limited capital, I am looking for opinions as
to which is the most "tradeable", consistent market to trade.
SMC
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