Trader training

[sonnyrock5]

Hello,
I am a new day trader. I am thinking of subscribing to a monthly service that includes a ‘trader’s chat room’ and ‘training’.
Does anyone have thoughts, or experience, or review on ‘Pristine.com’, or ‘t3live.com’?
I just want to avoid a mistake if I can and sign up with the best from the start.
Thank you

[aiki14]

Hello,
I am a new day trader. I am thinking of subscribing to a monthly service that includes a ‘trader’s chat room’ and ‘training’.
Does anyone have thoughts, or experience, or review on ‘Pristine.com’, or ‘t3live.com’?
I just want to avoid a mistake if I can and sign up with the best from the start.
Thank you

If I am not mistaken, Pristine is Oscar Velez's site. I have read his books, and have found them valuable. If you go for the full system I believe he'll take you on as a trader.
Good Luck.

[wallstreetsedge]

i dont recommend chatrooms unless its mine :) typically they give you recommendations but no specific price entries or exits

as for pristine, oliver velez actually left pristine and capra runs the show now. velez runs his own company now called www.vcmtrading.com

i believe a 2 day course is 3k, 5 day is 5-6k, and 7 day is 10k... if you do the 7 day course, they take you on as a trader and give you $50k working capital but there are a lot of limits and restrictions. such as when you start out you can only do a max of 100 held shares per session. also the limits are very tight, if you have 3 down days in a row, youre out for the week, if you have a horrible month per say, they can suspend you

[Gzapper]

the only case for BOOOOOOM!!!!!!!!!!!!!!!!! the hollows are thining with natural momentum of cottage cheese!!!!!!!!!!!!!!!!! ARRRGHHHHHH the ogres will gladly be of help mrs. derman. i can clearly see the hustle within PLEASE OHHH PLEASE BUILD IT HARRRD... BUILD IF SOOOOFFT AND MAKE BUNS HAPPY! :wink:

[Rich]

i dont recommend chatrooms unless its mine :) typically they give you recommendations but no specific price entries or exits

as for pristine, oliver velez actually left pristine and capra runs the show now. velez runs his own company now called www.vcmtrading.com

i believe a 2 day course is 3k, 5 day is 5-6k, and 7 day is 10k... if you do the 7 day course, they take you on as a trader and give you $50k working capital but there are a lot of limits and restrictions. such as when you start out you can only do a max of 100 held shares per session. also the limits are very tight, if you have 3 down days in a row, youre out for the week, if you have a horrible month per say, they can suspend you

???? They Give you $50K working capital? How is this? you do trading for them?

So, in 7 days I can become an expert for 10K and go to work for them? This is confusing .....

Rich

[sonnyrock5]

the only case for BOOOOOOM!!!!!!!!!!!!!!!!! the hollows are thining with natural momentum of cottage cheese!!!!!!!!!!!!!!!!! ARRRGHHHHHH the ogres will gladly be of help mrs. derman. i can clearly see the hustle within PLEASE OHHH PLEASE BUILD IT HARRRD... BUILD IF SOOOOFFT AND MAKE BUNS HAPPY! :wink:
Huh?

[wallstreetsedge]

???? They Give you $50K working capital? How is this? you do trading for them?

So, in 7 days I can become an expert for 10K and go to work for them? This is confusing .....

Rich

yeah but you get a small portion of profit.. i believe when you start out its 60% also you pay commission fees and monthly fees of $50 for their platform. rules are very strict and you have to follow stop losses. if you lose beyond a set percent, you cant trade for the rest of the day. if you lose majority of the week, you cant trade for the rest. also you have to keep in mind this is day trading

also just bc u take the training doesnt mean youll be a top trader.. i have a lot of friends who have a lot of knowledge in trading but dont know how to trade their own money

i wouldnt go crazy unless you have the $ to spend.. ive seen some posts online that people have issues getting their pay from vcm.. so its a risk that you have to be willing to take. also if you lose often, they suspend you and of course you never get paid or can trade with them