who do you trust ?

Discussion in 'Psychology' started by SethArb, Aug 10, 2009.

  1. The rules of diplomacy apply: Trust but verify.

    You can trust whomever you like, but if the charts don't verify then you may as well get down on your knees and pray.
     
    #21     Aug 20, 2009
  2. Fine. What's His take on NQ next week?
     
    #22     Aug 20, 2009
  3. "COLD", I know you don't believe in God, why are you pretending? :p

     
    #23     Aug 20, 2009
  4. drcha

    drcha

    For me to trust someone, they would have to:

    a) make a lot of money trading, and
    b) not make much money telling other people how to trade

    A successful trader who has written a book might fill this bill, but only if it isn't a book that's a thinly disguised advertisement for their other services. You don't usually make much money from writing a trading book.

    In other words, if they also had some fancy web site inviting me to join for a high fee, I would not trust them.

    This is not to say there is nobody out there charging hundreds a month who is not legitimate and successful. Probably some of them are. But there is no way of sorting that out.

    Contrary to what some people write on ET, I think there are those who want to share their knowledge.

    In addition, when I do read anyone's book, I look for them to discuss how to avoid losing money. I think this is actually more important than making money.
     
    #24     Aug 20, 2009