Finding the idea trading mentor with this quant opinion
If you adopt other people’s trading strategies, you are likely having a tougher time than figuring out a strategy on your own. Why couldn’t I simply signal my entries and exits for you to follow along? The strategy works for me…
Trying to figure out a strategy on your own could take years..Why not shadow an experience trader to shorten the learning experience and at the same time develop your own unique trading style. I have developed a strategy which works for me, but I still feel it would be massively beneficial if I could test it againts an experienced traders own strategy. Theres always room for improvement I think.
Your idea is precisely what I suggested. What is beneficial is to have a guide, but what can be harmful is to follow someone’s trades without understanding or a lack of willingness to understand the theories behind. The ultimate outcome must be a strategy that suits you personally,
I’m actually looking for a mentor at the moment, but having difficulties finding one that trades currencies. Do you trade for a company or for yourself? What market(s) are you involved in
I trade for myself and specialize on indices (futures and ETF). The principles of trend trading are the same in any market, though. Perhaps you can find someone who knows currencies inside out, otherwise you are welcome to contact me anytime.
Tom Alexander at Alexander Trading Group is your man! Valid methodologies and a great mentor.
To learn how to trade, you need to trade. I have not seen a good mentor yet!
I learned the hard way, all the money that was paid for instructors was a waist.
NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!