Mentoring
Mentoring, compared to taking a seminar, is a total shift of focus: In a seminar, all of your attention is focused on watching my trades and my work so that you can try to absorb as much of my methodology as possible while looking at the examples I choose and the trades I show. When you take One on One Mentoring, all the focus shifts to YOUR trading. You bring your homework to each mentoring session: your charts from previous trades, charts from trades you considered but did not or could not take, and charts that spawned questions in your mind. I then focus all my attention on YOUR work and questions. The impetus behind Mentoring is not to make you trade like me; instead, the focus of Mentoring is to develop your style of trading, strengthen your money management and market context reading skills and teach how to trade as professional trader traders. The goal is to make you the best YOU!
There are two types of Mentoring: Group Mentoring and One on One Mentoring.
You sign up for Mentoring in blocks of twelve sessions. When I first began mentoring traders that were not at the Chicago Exchanges, I started people out with three sessions a week. But it was soon apparent that the homework demanded for a quality session is too time consuming for most traders to complete three times a week. I tried twice a week and although a few of the very advanced traders in mentoring [several CTAs and a Hedge Fund Manager] did take two sessions a week for a time, most students do best taking one session per week.
Twelve sessions will take three to four months of weekly Mentoring to complete. During these sessions, you will work on:
1. Market structure and context: Where is the market going and how can you use market structure while trading in the direction of the current trend.
2. The basics of Median Lines and other tools that have their basis is Dr. Andrews original research, as well as tools that I have developed using my own research over the past 38 years I have been a professional trader.
3. Clues that the market may be changing direction, which are changes in behavior.
4. Surgeon-like money management techniques, risk reward ratio analysis and the correct methods to determine initial profit targets, as well as how to box in profits as price moves in your favor.
5. As your account grows, I will show you the correct method to determine position sizing, so your can grow at a reasonable rate without putting yourself under undue pressure each time you increase your position size.
Mentoring takes a twelve session minimum commitment from you. The twelve sessions will allow me to identify your strengths and weaknesses. It will also allow me to give you a solid start on each of the items defined above. You must do your homework or you will not be successful. Since the program has begun, I have fired three traders taking mentoring.
Both One on One and Group Mentoring is done in a virtual gotomeeting room, where we can chare screens, exchange charts and even draw on each others charts. We communicate using USB Headphones with built in microphones, though a conference call facility is available if it is needed.
Before signing up for Mentoring, you must attend a Market Maps Seminar. There are currently available slots in Group Mentoring and those interested in One on One Mentoring must go through an interview process and if I agree to take you on as a student, we will then find an agreeable day and time to meet each week.
You can look at either program by clicking on their tabs above.

