i never understood why if someone has a time-tested successful sys they would risk trading outside sys parameters.. :eek:
Exactly. That's why I said most people have a bit of a lazy streak that holds them back. I had just a weeeeeeeeee bit more in mind than just showing up. Been a whale of a journey for me. But, I finally figured out a few things. Would have been FAR easier if someone would have been there to tell me some things at the beginning. I'm pretty much self-taught, as I presume many are. Not trying to boast at all. In fact, I'd say it probably took me longer than most. Things that seem soooo hard, become crystal clear when one finally has those "aha moments". I just believe it's much easier when a person with experience gently (or harshly) taps you on the shoulder and says, uh, let me show you something. This applies to trading or any other business. Bottom line is, if a person is interested and has someone to help him along, I believe that person is indeed fortunate. I would have gotten a lot more sleep and could have done a lot less reading if someone would have been around to teach me some things a few years ago.
isnt this a lot like saying if you are a losing chess player no amount of tutoring will assist you?? of course it will help DUH ... this is a stupid hypothesis and obviously false on its face :eek:
Ouch! Why so harsh, dafrig? I may not agree with him either, but I don't doubt his sincerity / intelligence.
How true! Many years ago I worked at a polytechnic and the tutors were complaining that since the introduction of computers and calculators kids can no longer do simple maths and that the quality of their essays has gone backwards in leaps. They focus on fancy layout and not on contents. (sounds familiar) The other item that appeared was: only when something was complex then it should work, something simple was (supposedly) no good. The word that often came to mind was "sophisticated" (many people use it in the wrong context, one should look up its meaning in a dictionary). In line with this I do think that there will be more and more a place for those who are able to apply themselves since the schools these days reward the tutors by the grading that the students give to the tutor. Meaning the tutor who gives the students the least homework and the easiest assignments gets the highest ranking (and hence pay). The net result is students don't learn to apply (think) themselves. In todays society they seem to expect that it will be all provided to them on a platter: knowledge, job, welfare, security etc. Studies have shown that there is no correlation between the rise of the PC, the internet and the percentage of succesful traders. So, depending on how you look at it, there is still hope for the professional trader who works without help of others. Peace
no, its like saying if you are a losing chess player without the ability to concieve multiple layers of potential moves, NO amount of mentoring will enable you reach grandmaster status. i am still looking for an example on ONE person who achieved great success in trading and attributes same to an overt marketer of mentoring. surfer
It;s funny that surf started this thread today. I agree, the maket will give you exactly what you want from it. This is a part of conversation from today's chat log: PuffyGums (Apr 29, 2004 2:09:36 PM) nitro you cant ask those questions. What are you trying to do? Ask someone to give away their precious edge. resinate (Apr 29, 2004 2:09:45 PM) :eek: pdcomm (Apr 29, 2004 2:09:52 PM) lol resinate (Apr 29, 2004 2:10:03 PM) lol nitro (Apr 29, 2004 2:10:04 PM) no uptik2000 (Apr 29, 2004 2:10:07 PM) doesn't matter if i posted my exact rules...very few have he discipline to follow and execute uptik2000 (Apr 29, 2004 2:10:12 PM) the nitro (Apr 29, 2004 2:10:14 PM) yes nitro (Apr 29, 2004 2:10:42 PM) I am aware of all these scans gums uptik2000 (Apr 29, 2004 2:10:44 PM) when the turtles were around..some made millions ..some failed... nitro (Apr 29, 2004 2:10:46 PM) they are meaningless to me resinate (Apr 29, 2004 2:10:54 PM) nyse breadth -1072 nitro (Apr 29, 2004 2:11:01 PM) those are as old as the caves uptik2000 (Apr 29, 2004 2:11:11 PM) the rules were what they were..some followed..some did not And I think that might be what Surf is saying. Just like the early Turtles. You can give 100 people the same rules for a system. Some people will out perform and some will fail. And thats because that is what they are. Trade well.
hey uptik, thanks for the post ! yes, that is exactly what i am saying, however i would ad to your statement--the market will give you exactly what you want, if you have the potential within you . take care, surf