The Mixed-Up Files of SEMI Collective (Part 1)

I’ve been going through my “drafts” folder this year trying to finish partially-written blog posts and get more organized. This is another series of unfinished posts.

From October 2016, I have a post about the SEMI group concept. I also have four other unfinished drafts. I have cursorily looked at these drafts along with the actual post. The content is different.

This particular draft is from October 11, 2016, and has 21 revisions. I therefore worked quite a bit without ever getting it done! In the longshot case that someone out there could possibly benefit from any of this, here is (I think) Part 1.

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Welcome to the SEMI Trading Collective. The ultimate goal for this group is to establish a critical mass of focused minds working together to develop effective trading strategies.

My name is Mark and I left Corporate America over eight years ago to start trading for a living. Since that time I have been able to cover the annual living expenses with trading profits alone. While a substantial amount of hard work does underlie this accomplishment, I am very grateful for the results to date.

Aside from my trading experience, I also am prepared to do some teaching to get beginners up to speed. Developing trading strategies will require a high level of sophistication. I am willing to teach passionate students. If a slew of advanced traders joins this group then my teaching may not be necessary.

As a means to establish accountability, participation in this group will require a monetary contribution. I believe most groups fail because people come and go with varying levels of commitment and no consistent work flow subsequently achieved. Nothing I can do can force you to attend, to study, or to learn. I can only charge a fee in an attempt to filter out people who are not serious. This may keep group membership down but we only need a few engaged individuals to form a productive and [hopefully] profitable group.

The costs for this group include $10/year membership and $10 per Meetup. This is a pittance compared to fees charged throughout the industry for “educational programs”—many of which simply aim to upsell more expensive seminars—or “investment services” that often fail to deliver on rosy promises. I believe anyone who finds this fee structure too steep is either not in an acceptable financial position to trade or not adequately committed to developing the craft.