Eric Sarratt's
Investment Education Services            Mentoring

Mentoring Services Available In:
   • Sylva, North Carolina (1 hour minimum)
   • Asheville, North Carolina (2 hour minimum)
   • Charlotte, North Carolina (3 hour minimum)
   • Atlanta, Georgia (3 hour minimum)
   • Knoxville, Tennessee (3 hour minimum)
   • Other cities upon request (additional charges may apply)

Individual Mentoring (in-person only)
$100/hour

Group Mentoring (in-person for 3 or more participants)
$50/hour per person

If you would like me to contact you when other people in your area also request group mentoring email me your contact information. I do not share email addresses with anyone and do not spam. At most you might be sent a few emails a year informing you of workshops.

From the Q&A: How can mentoring help me?
It can cut down the time it takes to learn the ropes.

Why didn't you have a mentor?
When I started trading the only services I found were for thousands of dollars. Maybe I was looking in the wrong places or maybe there were just not that many people out there; I don't know. Additionally, I didn't have much money and I decided that I could do it all by myself—that probably narrowed my perception of what was available.

Do you work with people over the phone, email or through the internet?
I don't like to. None of these methods convey the subtleties of trading very well. I like to see people I work with. Direct questions and answers make the educational experience worthwhile. I like to have fun at this too and interacting directly with people is more fun for me than just talking on the phone.

Ahhhh!  Your just trying to upsell me with your in-person methods and lack of other options!
Believe what you want. The truth is, I really don't like phones—they are so disconnected. I feel the same way about email and talking through the internet. I'm the guy that walks across the building or drives across town just to solve a problem or talk face-to-face, even if it is only for five minutes.  I actually teach (counseling) through the web at my other job and, based on my own experience and the feedback I get from students, this is not such a great method. I would rather be associated with a good educational experience than a marginal one. 

Why is there a minimum hour teaching requirement?
Driving cost.  If you live in or come to Sylva you get my base rate.  If I have to drive to see you it costs me more so I charge you more.

What about if you happen to be in the city where I live?
$150 per hour. Just get in touch with me and I will let you know when I will be in your area.  I am in Asheville about once every three weeks and Atlanta every month or two.  The other cities are more infrequent. 

How much do you make trading?
My account is still small, under three thousand dollars. I am still building it back up from the damage I did overtrading. From 1999 to 2006 I dropped $30,000 as a losing trader. "Tuition," they call it.

At this point I had an epiphany—actually I just realized the importance of not over-leveraging myself. I started out again three years ago with $30 (yes, thirty dollars) in a forex account with OANDA. I made some mistakes in 2006 and 2007 then essentially eliminated these two years losses with my gains in 2008 (up 50% for the year).  In 2009 I finished with over 60% in gains and 2010 has yet to close.  Wish me luck!

So this service is actually to help you build your own account back up.
Exactly! I am selling out.

Until recently, I purposefully avoided committing significant capital to my trading account because I burned myself so many times. When I opened the OANDA account three years ago I made a commitment to myself that until I was consistently profitable I would risk very little cash until I learned to trade.

Now it is obvious to me, because of the returns I have had month after month, that it is time to start adding more funds. Currently I am committing about 1/4 of my paycheck each month to my trading accounts and offering this service to grow my nest egg faster.

In a few years (or sooner hopefully) I will have enough capital so that I don't have to work a full-time job. At this point my mentoring business will probably go by the wayside and I will offer all-day or weekend trading workshops instead.

How much does it take to trade exclusively for a living?
Your average yearly earnings should at least equal the salary you are accustomed to living on, then I would sock away an additional two years of backup salary. For example, I normally make about $50,000 per year and conservatively I pull in about 20% per year from the markets. That would mean I need about $350,000 to do this full-time (see why I am selling out?!). ($250,000 * .20) + ($50,000 * 2 years) = $350,000.