» A Great Event! Blog for Trading Success: Ray Barros

Published in March 22nd, 2011

BarroMetrics Views: A Great Event!

It’s been quite a hectic two weeks for me:

Trading
Setting up a prop house
Preparing and giving the Habits of Success Seminar (HOS)
Improving my marketing skills by studying Glenn Dietzal’s course
Starting the chapter for Wiley’s forthcoming book: The Wiley Trading Guide II
Most important of all spending time with Chrisy (my wife). With my business interests in Singapore and our residence in Hong Kong, time spent together becomes a real premium to be enjoyed.

So if you think I have been feeling more than a little pressured, you’d be 100% right!

But the HOS event made it all worthwhile. We had a full house (60 attendees) and it was a great crowd: you could feel the energy in the room shown by the willingness of the attendees to give 200% commitment and participation. Many of the attendees reported an improved bottom line - and we still have to come to the 8 sessions of live-trading where theory meets practice!

That’s not to say that I can’t improve….Some attendees were looking for their Power Point.

I don’t use Power Point Slides since I feel it looks me into an unchangeable direction. The problem with this lock-in is I am unable to change the presentation to suit current conditions. For example in this session, I had incorrectly pre-assessed the level of experience of the class as a whole. If I had used Power Point, changing the content to suit the audience would have been difficult, if not impossible.

That said, the attendees had some excellent suggestions to improve the presentation - suggestions I shall be implementing.

The HOS seminar is the reason why I love to share my knowledge - a high energy, high learning event that gives me such a buzz!

Refer this blog post to a friend or colleague…

5 users responded in " A Great Event! "

bboyle1234 said, in March 22nd, 2011 at 12:08 pm

Well done!

baz said, in March 22nd, 2011 at 2:33 pm

Ray, the Prop House, is this theatrical supplies? or Pty ltd? cheers Baz

ray said, in March 22nd, 2011 at 3:34 pm

Hi Baz

It’s a ’seed’ company. We hire traders the basis that losses are ours and profits are shared.

baz said, in March 22nd, 2011 at 5:17 pm

Prima Facie, Prop House seems a high risk? Not impossible but high, If 85% of the great unwashed are losing and presuming the succesful punters would be running their own show, there must be some very strict rules governing this. Perhaps succesful graduates fom the Barros Trading University.
And Logistics? People can trade from anywhere in the world,where would you locate? Tax laws etc.? It sounds like a very interesting project, between that and the school,i can see this being a huge success on global dimensions. Just wondering how it works. cheers Baz

ray said, in March 22nd, 2011 at 5:25 pm

Hi Baz

In the prop house I am seeking to establish, the traders trade their own timeframe and instruments.

BUT they must abide by our risk management rules and infractions will not be tolerated.

Yes grads from BTU will be given preference.

People can trade from anywhere but since the prop house will be in Singapore, the company will pay Singapore company taxes.

The traders take care of their own taxes.

The biggest hurdle is to have a risk management monitoring system in place that will prevent blow-ups

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