Gulf Trading Co., Inc.
Education Process
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The trading method is geared toward intraday trading in the futures markets, and I trade the Emini S&P 500 (ES). This same strategy would work with other futures products as well as with most liquid stocks and ETF’s. The S&P Futures market has the advantage of being highly liquid with virtually no slippage and offers incredible leverage. I generally use a 5-min chart to make my trading decisions, will see 8-12 opportunities per day, and it is for the most part price behavior based. I do watch a few other things to help set a bias, and keep an eye on a few larger (and one smaller) time frame charts as well.

I am for the most part self-taught. That being said, I have taken more classes, seminars, and webinars than I can even remember. And I have a bookcase full of books and courses. On the aggregate I’m sure it all has had an impact, and I certainly have learned what doesn’t work.

It was a long process, and when I look back on it, it was working with one particular trader on an individual basis that was for me the most beneficial learning method. It’s very clear to me from the people I have mentored so far that for it to make any kind of real impact, it needs to be done on an individual basis. Therefore, I have structured the training in this manner.

Typically, it takes about 4-6 hours in the beginning where we go over everything I watch and how my screens are setup. Then we'll go over the method I employ- it’s all price-based and I know ahead of time where I will buy or sell. As I said, on average I will see 8-12 opportunities per day, and the way I approach it is I only need one or a few to make a living. You will see I have a very disciplined approach to how I run my trading business. I use a net meeting program so I can share my screens- it’s like you’re sitting right next to me. I have worked with traders both local and out of state, and I am able to deliver the same experience in this way to all. Additionally, you will receive a copy of the tutorial we’ll use- it’s well over 100 pages in length.

There is a very structured learning process I recommend. Once a week for a month (some have stretched it out- that’s okay too) we will talk again for an hour or so to review things you saw in the markets and fine-tune the process. In the interim you can email and/or call me with any questions that you might not want to wait with until we meet again.

If I can draw a parallel to trading, one thing that has been universal with everyone I have mentored thus far is that the learning curve is not a linear line pointing straight up. Far from it, in fact! If you were to chart it, it looks much more like a typical stock, with forward momentum followed by multiple pullbacks. Most everyone I have worked with has raved about my teaching skills, but I am convinced that if I were to present this in a one-time class environment to multiple people, virtually no one would be able to apply it in an effective manner on their own. And that’s probably why most trading classes don’t work for people (other than the ones selling them).

Although what I do everyday now seems incredibly simple to me, I know from working with others that it is the one-on-one mentoring approach, the repeated review sessions and the ability to clarify the subtle points of the methodology that makes the real difference.

Stock, futures and futures options trading have large potential rewards, but also substantial risk of loss, is not for everyone and only risk capital should be invested.

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