Summary of Secrets of the ITPM Thailand Mentoring Program!
Main Ideas and Concepts
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Overview of the Program
- The Thailand Mentoring Program is considered the pinnacle of ITPM's offerings, designed to help retail traders achieve significant results.
- The program spans 10 days in Thailand, followed by a 12-week live trading mentorship with weekly Zoom sessions.
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Program Structure
- Participants must complete prerequisite online programs before attending the Thailand program.
- The program includes practical classroom sessions focused on real-time trading strategies, trade idea generation, and advanced options strategies.
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Target Audience
- The program attracts a diverse group of participants, primarily from North America and Europe, with varying levels of trading experience.
- Age is not a barrier; participants range from teenagers to retirees, emphasizing that hard work and ambition are key to success.
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High Standards and Expectations
- A financial hurdle (minimum trading account of $50,000 or $100,000 depending on the mentor) ensures that participants are generally well-capitalized and have a serious commitment to trading.
- The program is designed for individuals who have previously struggled with trading, providing them with the tools and knowledge to improve.
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Practical Learning Environment
- The classroom sessions are highly interactive and modeled after professional trading environments, focusing on practical applications rather than theoretical concepts.
- Participants are encouraged to trade live during the program, applying what they learn in real-time.
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Networking Opportunities
- The program fosters a strong community among participants, creating a lifelong network of traders who can share insights and support each other.
- The exclusive Discord server for alumni facilitates ongoing communication and resource sharing.
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Professional Trading Strategies
- The program emphasizes a systematic trading process that includes macroeconomic analysis, portfolio bias, and risk management.
- Participants learn to structure trades using options and are taught how to manage their trading accounts as a business.
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Success Metrics
- Graduates are expected to achieve a significant number of trades (125-175) over a year to establish statistical significance in their trading performance.
- The program aims for participants to achieve returns of 50-100% on their investments, with a focus on maintaining a favorable risk-reward ratio.
Methodology and Instructions
- Prerequisites
- Complete the ITPM online programs: Introduction to Professional Level Trading, Professional Trading Masterclass, and Professional Options Trading Masterclass.
- Program Schedule
- Attend the 10-day Thailand program (next session: April 17-26, 2025).
- Participate in a 12-week mentorship with weekly Zoom sessions for live trading.
- Trading Requirements
- Fund a trading account with a minimum of $50,000 (for Shey) or $100,000 (for the primary mentor).
- Engagement
- Engage actively in classroom discussions and practical trading sessions.
- Utilize the networking opportunities provided through the program and Discord server.
- Performance Tracking
- Monitor trading statistics and maintain an upward equity curve as a measure of success.
Speakers and Sources Featured
- Anton - the main speaker and mentor at ITPM, who shares insights about the program and its structure.
- Edward Sheek - another mentor involved in the program.
- Various alumni and participants are referenced throughout the presentation, illustrating success stories and experiences.
This summary encapsulates the essence of the ITPM Thailand Mentoring Program, highlighting its structured approach to transforming retail traders into successful market participants through rigorous training, practical application, and community support.
Notable Quotes
— 02:56 — « It's the retail Trader Carousel. It's the hamster wheel. »
— 33:03 — « Why would you do it again? It's the definition of madness. »
— 35:05 — « It's a binary situation: you either know it or you don't. »
— 56:50 — « A consistent process input in my business equals a consistent dollar output. »
— 59:29 — « They can try to look like us, but they can never be us. »
Category
Educational