I wouldnt join any club that would have me as a member – Groucho Marx
I’m not a community sort of guy – I don’t join clubs, I cant stand the notion of association and crowds of the great unwashed just make me reach for the valium and of course soap. So when the mentor program started I had no intention of it being a community – it was simply a way for me to fulfil my need to teach without drifting back into the morass that is academia. It served a selfish need of mine and along the way I met some interesting bods and one or two who suffer from the mental illness of supporting Collingwood. They are the rarest of beasts, Collingwood supporters who have their own teeth and a job.
However, I have noticed an interesting evolution on part of the Alumni section of the mentor forum and that is the sharing of trades. Any idiot can talk up a trade you just have to trawl the internet to see any manner of armchair experts rabbiting on about the next big thing that they happened to have discovered. The thing that amazes me most about these experts are that they are able to type and all since one hand is generally ensconced in their pants.
The trades on the mentor forum are different in tone and quality. For example the breakdown in copper was caught, as was the moves down in silver and gold along with the moves down in Asian markets. Unlike armchair experts these trades worked – in fact they worked so well that the one or two I missed and was alerted to by mentorees I took and they were profitable.
With looking a self sustaining ecosystem of traders has sprung up. It is interesting what happens when you are not paying attention.