This meeting is for a small group of full-time independent traders who have already DECIDED that they want to meet, on a regular basis, in a working group of fellow traders to review specific trades, strategies and plans. The format will be structured and specific. (This correlates to what is commonly called a "mastermind group", but to avoid confusion with the concept as used by Online Trading Academy, we've chosen a different terminology.)
This meeting is NOT about forming a working group. This meeting IS the working group launch session.
We've announced and discussed its formation in past meetings. (See my memos of August 2 and August 16, 2013 on our message board.)
To review the most salient points: Participants MUST have (1) a written trading plan, (2) a willingness to share it with the team, (3) a commitment to prepare a brief bi-weekly presentation to the group with at least one actionable trading idea and (4) a willingness to make a financial investment in the group to make it operationally sound and effective.
For starters, we'll meet once every two weeks until we hit our stride and determine if we want to move to a weekly schedule. We've chosen Friday afternoons as the best time to review the week's trading activities and prepare for the week ahead. For the moment, we are only talking about in-person meetings; we may consider an on-line group in the future.
The topics I propose for our launch meeting:
1) Trading Resolutions for 2014
2) Overview of our written trading plans (show-and-tell!)
3) Our trading plans for the coming two weeks
4) Best Actionable Idea
5) Format for future meetings; our guidelines and agreement with each other.
Our launch group will be limited to eight people. If we wish to add additional people in the future, or replace departing members, we will have a plan in place for how to do this. [ http://www.thesuccessalliance.com/blog/before-adding-new-mastermind-group-members/ ]
Unlike our welcoming and inclusive general sessions, this is NOT an open group. If you have made the decision to team up with accountability partners to sharpen your trading performance, this may be right for you.
The mid-town Manhattan meeting location will be provided to confirmed attendees. PLEASE ANSWER THE QUESTIONS at the bottom of this form when you make your reservation. Thank you!