I was going to reply to Jane a few pages back. Jane's comments on book sales may be true for the market she addresses but I think the basis of publishing divisions of corps or corps that specialize, run the same. They have a go/no go approach I find and they knock them out like dominos. My guess is that John is speaking out of school and if he had done his homework he would find that I write to the standards of the particular given field and always by specific invitation (the go of go/no go). Knocking out books is not a great effort nor a long one per effort.(two months down to two weeks) Sales are utterly unpredictable in my experience. Sales come in three sizes in my experience: They blast (6 digits in a few months); they are steady (5 digit level for 10 years); or they keep the reference shelves full (stolen book replacement level plus institutionalization level set for courses) I have only experienced sales in a few volume ranges they are not related to Jane's values or apparently the financial industry's ranges. A paperback these days comes off discs right into camera ready ilustrations included... no more than 5 bucks a pop off the presses. No volume requirements to speak of. The reading part of trading brings out a unique characteristic of humans that is very important: PONDERING, a multistep process.. At RPI, they are deeply into this. There, robots, these days can do well what humans do in reading and pondering. You can read about the reading on page 26 of the latest alumni magazine. We finally reached the point that on campus that you pile up the books; have robots read them and then just get on with the trading. You can imagine that setting up a book to take a person through the logical sequence to expert trading is not much of a task. The reading part is where the rubber means the road. The commentary on the books here is prima facia on the high failure rate of reading. Suppose a person read and comprehended the five books I recommended to chicken little*... would any person then be able to get to learning to trade, even get to learning about trading reading? The reviews and judgements here are more about the equipment of the reader than the writer. There are only two rock bottom issues on the table for learning to trade: focusing and capably recognizing the truths needed to trade and, then, succinctly combining such into a mental capability to operate in what is encountered in the market. Cognitive Science is the name of the game. * He crapped out just wanting someone to do something for him; the books he could have discovered are: 1. the self healing human 2. the wizard within 3. Knowing how to know 4. first, break all the rules (do the test right off) 5. Now, discover your strengths. As an OT, read Biological Transmutations to see how part of the world addresses a class of problem( it is my orientation to food production with or without soils) There is a little intrigue here; you may be sitting in a place where you have found out that there is an unlimited supply of money of available all the time and which you have the potential ability to control the transfer to you if you get around to the thought processes for doing it.
Better hurry up, buddy or John might beat you to it. Title: "John Merchant Explaining Jack to the People" (ISBN 340-6539643) June 2005 ________________ Trend Finding is Edge Finding and Edge Finding is Trend Finding nononsense's axiom
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Quote from Grob109 I was going to reply to Jane a few pages back. Jane's comments on book sales may be true for the market she addresses but I think the basis of publishing divisions of corps or corps that specialize, run the same. They have a go/no go approach I find and they knock them out like dominos. My guess is that John is speaking out of school and if he had done his homework he would find that I write to the standards of the particular given field and always by specific invitation (the go of go/no go). _________________ Grob109, As I am reading your post, I felt I am reading a technical paper, I had to read it few times and I never understood what you want to tel us. I hope you are not a writer and never consider writing.
Think he could handle the footnotes like those in Cybernetics? One of my late friends did the poetry thing when he really got down to business. Poetry is more essential.
Grob109, As I am reading your post, I felt I am reading a technical paper, I had to read it few times and I never understood what you want to tel us. I hope you are not a writer and never consider writing. lol...My MS is MSTW.
I will stack my writing ability up against Jack's any day. I have had an engineering textbook continuously in print for 30 years this month. I will admit that when you search Jack on Amazon you get three hits, but they are all out of print. The majority of his oeuvre (what you can verify ever existed anyway) is as ephemeral as the wind. If I were at home I would find his BEST piece of writing on ET in my notebooks and show you how it SHOULD read. I would correct the logical errors, too! Hahahaha!
I'm sure that you are better. Any engineering book that lasts 30 years is very special simply because it hs managed to stay current in a very dynamic and changing field. No one who posts in ET is writing for publication. All my stuff here I just type and click on the sumit reply button. I don't do anything organized here; I just reply to what inerests me if and when I can add either depth or some considerations that haven't been addressed. Rarely I suggest to broken people that they are no longer suited to making money through rational trading. If I am illogical to you, that's fine. I am to most people. In this thread I noticed the pondering value of reading was difficult for most posters so I slipped in five books that are helpful towards getting mentally oriented. I suggested, OT, that looking at the train of efforts by Prout, Hobbe and Kervran on their discoveries as unconventional in an area where others have not concerned themselves with particular possibilites. Conventionality in trading markets get you to failure along with the majority. The root causes are related to the mind. With respect to acquiring knowledge, skills and results, some efforts people make are not retractable so its not good to proceed. You miss what I am saying mostly and you continually focus on me personally for some of your own reasons. Why not do a little work and get off the glib stuff for a couple of days. There is no harm in actually making a sound contribution. If nothing else learn to read.
Your trading diary Your trading diary Your trading diary Your trading diary Your trading diary Why? Because you get more distracted by all the BS that you read than that you gain. Study your mistakes, figure out what went wrong, figure out if you can prevent them (or minimize the impact) next time. Sherlock
The books allegorically deal with life strategies, mastering the elements of your environment and above all mastering yourself. In a "nutshell" : The zen of trading is in the art of mastering oneself and mastering the ways of your enemy. Only those with the wisdom to understand that statement, understand what is involved with the real elements of trading. If you do not understand that statement, reading innumerous trading books dealing with the most intricate trading strategies or "secrets" will not help you. I read those books many years ago in my freshman year of college and my reaction was similar to yours. It took a few reading to undertand the real underlying lessons within. The lessons were well applied later to my successful business endeavors. I specially recommend the last one authored by Theron Dumont. Trading is neither "glamorous" nor " mystical". It's a veritable bloodsport where real people get seriously hurt everyday because they let their guard down.