12 months of personal one-on-one forex profit monster review mentorship mutually arranged through “Go to Meeting”. Includes all of the studies, files, and recorded webinars as given in the Full Package. Personal one-on-one consulting mentorship restricted to 15 hours total mutually arranged through “Go to Meeting” over a 12 month term. Highly technical or lengthy email responses count towards the 15 hour consultant time limitation.
Client references available and encouraged, 2. Consultant-Client Terms and Conditions Contract Required, 3. Credit Cards accepted with prevailing card processing merchant fees added, 4. The “Light” Package is only available to new clients signed from January 2018 and later. Previous clients have a “Full Package” Terms Contract in force. OTR average trading range and volatility.
Spreads are cheap to margin overnight and carry – and the idea is to not enrich your broker and the exchange. I encourage my clients NOT to day trade. The important caveat here, however, is that as the trade unfolds over time and works in the market, we find that for a significant percentage of our losses our indicator package takes us out of losers before the stop-loss level originally set at trade entry is reached. Additionally, I encourage clients to schedule individual webinars with me in order to review their paper trading performance and ways to improve their trade selections. Spread combination construction and the selection of products and expiries is a really big deal – I would rate it as more important than the indicator package in terms of good trade selection. In addition to providing the programmed .
Finally, over the course of several years from my observations I find a direct correlation between the effort and time the client takes during the spread construction and paper trading phase of the program to have a strong correlation to his relative success using the strategy for himself in the live markets. If someone hires a mentor or educator and just expects to be gifted with an ATM with very little effort on his part – then again that person will never succeed. If that sounds like you, please don’t waste your money and my time. The secret is that there is no secret.
Every successful trader works his ass off at it. Over the past few years in particular, we have accumulated a number of both individual and group webinar recordings where we review live and paper trade set-ups, clients review their performance metrics, and we construct spread combinations and talk about many topics like correlation analysis and execution. I also record special instructional webinars on a solo basis where I present specific topics, concepts and materials. So, there is a much larger body of work that the new client receives in terms of background materials and instruction than there was just a couple years ago. As of January 2018, it typically takes a new client anywhere from 2 to 4 weeks just to initially review the new materials. I received a response from a third party regarding the disputed statement so I am sharing it here.
I’m not reopening this thread for further responses, but will continue to post opinions from emails sent to me by other third parties should they arrive. I am The risk manager and active partner with Prime International Trading. I have been the Risk manager since 2003 and active partner since 2011. We are a proprietary trading firm that mainly trades options on commodity futures.
We also have several off floor spread traders within our firm. All of our traders our independent contractors and they get paid a percentage of their profits earned at different intervals throughout the year based on the terms of their contract. I am giving you some background on myself just to let you know that I am very clear on how prop deals work and I know how to read statements from clearing firms. The statement in question is from advantage futures who my firm has used in the past to clear trades. Currently most of our business is cleared through Rosenthall Collins Group and New Edge.
My point is that the clearing statements are all very similar and I deal with them on a daily basis. On this statement from Advantage futures I see the beginning balance of 488,204. It is pretty clear this account made some good money If you have any further questions please let me know. For 17 years, this site has always been ultra-critical of education providers, and rightly so. From my experience, most of them simply don’t have what it takes to back up their claims of past performance and potential profitability. But I said most, not all.
I would also like to state for the record that bone has been a sponsor here for many years. And in that time, I’ve never had a single client of his contact me with one negative comment about him or his services. So although everybody may have different opinions about aspects of his education business, I think he’s a big asset here at ET and has established a solid track record, especially given the extreme scrutiny he’s faced. At the risk of voiding my contract with Bone, I wanted to give an unbiased opinion of Spreadprofessor’s service. However, as stated Bone ONLY wants experienced traders.
Well, experienced traders are MUCH harder to train because you have to un-train them first. Often, they show head and shoulder and archaic setups with multiple squiggly lines, etc. Myself, I had a nasty habit of placing tight stops, which every few months I revert to. Point is, Bone didn’t teach this stuff. I’m on my 10th month of a 6month contract. But to be clear, I contribute and I want it! Richard Dennis said that he could publish his strategy in print and MOST people would lose money.
In fact his original group has some who prospered and others who crashed. Weakest link is always the trader. Overall, Bone’s experience and knowledge of spread trading in 2014 is easily top 10,5,3 in the world. However, if you trade automated by ticks and turnover 100’s of trades per day, then you will need to be un-trained, unless of course your infrastructure budget can compete with the big boys. As for Bone, he’s legit and cares and is very cautious as to working with the right people and especially before he lets you trade live. Were they able to apply what Bone taught them and derive an edge? Several other traders have shown their results in our trading room of their own trading that is similar or in some cases better.