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Tuesday, July 29, 2008

Only 15 Memberships Left

My group has grown to 85 members and the discussion is quite lively!

I believe that the members are quite happy that I answer their questions about the PCCRC on a daily basis, and I have been posting videos also fairly routinely. However, the group is getting quite large, so I think I need to limit the numbers of participants in order to give each one my full attention.

Now I cannot deny people the right to participate, and I certainly feel fulfilled when I know that they are willing to Pay it Forward! that to me is sufficient reward.

So I thought of a compromise. I will admit 15 more members with the current one time contribution of $100 and as soon as I reach the 100 members, I will increase the contribution to $200. Hopefully this will filter everyone but the most committed.

I had the suggestion to charge an annual fee of $100 from everyone, but that to me sounds like a paying service rather than a contribution, and I am simply not doing it for the money. I want to keep my motivation grounded on my desire to teach without expecting anything for myself. I thought of placing the money from the new fee of $200 in a fund and when there is sufficient money there, we could organize something to promote the Pay it Forward philosophy, or perhaps organize a get together of participants. I just don't want to make a business out of this. I have seen plenty of good people turn greedy and begin to make unrealistic claims and promise what they cannot fulfill the moment they run an "education" business.

Remember, I am perfectly happy with the profits from my trading and my Pathology consulting business. I don't want to make this my main effort, and I want to have the freedom to travel as I please.

Remember also that what you need to know is in written format in the pages of this blog, so feel free to explore and if you think that this approach to trading is for you, Do join us!

Just so you know. I have been showing the members of my group my paper trading account, real time using nothing but the PCCRC over the last 13 months or so. Here is the progress of the account with drawdowns and all.

Please click on the image to enlarge it.












IF you'd like, here is how the account is doing today.

Please click on the image to enlarge it.

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