I am a compassionate person but I think I would have killed for a coach when I first started trading, I tried to find one but couldn’t.
There are good reasons for this, such as:
- There are not many full time traders.
- The ones that are around seem to be reclusive and quiet people, they are just not interested in other traders.
- Some very good traders choose to protect their own mindset by staying alone in the fear of being negatively influenced by others.
- The ones that are interested in other traders don’t have the ability or struggle to impart a wealth of knowledge.
- Some people look negatively upon those that trade for a living, so many traders keep to themselves.
I understand the above points and at times share those feelings, however I enjoy other people and have a passion for trading education.
I no longer run group courses however I continue to coach privately, below are some details:
I scan and analyze the market with software called Wealth Lab. You can look at details of the software here. http://www.wealth-lab.com/
Also you will need data. I subscribe to Norgate data which costs $30 A a month. So there is an initial outlay of software and data however it's an excellent investment.
If you have any questions about Wealth Lab or any other software you may use - we can discuss when your ready.
The 52 week high I PUBLISH FOR FREE each week is a good buy signal, however the important thing is to buy stocks trending up and stocks that have good fundamentals. Sizing is ALL important, we can discuss that also at length.
Despite the initial cost of coaching I wished I had of learnt earlier how to system trade and back test. The money I lost was probably ten times what it would have cost me to learn to trade properly (not to mention the lost opportunity cost). In my opinion good teachers are rare and a lot of courses are rubbish. So look before you leap.
Successful trading is not just about technical knowledge but the psychology and how you put it all together. Consider that point at length, it is VERY important and where coaching is invaluable. For a good start consider reading my book.
https://www.amazon.com.au/Zen-Trader-ancient-wisdom-markets-ebook/dp/B09MKMGNW3
I suggest we have a phone call to discuss your options, if you want to proceed and in what format. I am open to any structure that will help you, with or without purchasing software. Also just ring anytime for a no obligation chat, the market can be a minefield and you are best to gather as much info as possible before starting trading.
Please feel free to ring the number below to discuss my availability.
Email or phone me for a customized coaching session
PH: + 61 0403821523
I wish you all the best in your trading journey.
Peter
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