There are many things that empower traders.
It is also true that the path of the trader to empowerment has a lot of pitfalls in terms of how he choses to aquire what he needs.
Two major mistaken forks in the road deal with literacy and recovery from wrong paths taken.
Many people express how they got to profitability, often from a loser prior situation. Rarely does reading (where literacy means acquired knowledge of a field) affect the cure for making the transition from losing to winning.
Literacy more often comes into the picture when a person is moving from the learner to the mentor stage of a trading life. It is very important to know and understand where others are coming from in their "struggle" if a person is going to be helpful.
Literacy creates a spectrum of possibilities and, in turn, the basis for conclusing the utility of given substantive content about the markets.
Most people do not or never get to see the markets. It is best experienced directly and literacy is not a requirement in the well read sense of literacy.
Harris type doumentation can give you the vocabulary and a view through a regulator/academic's eyes. What can be read to experience the markets or trading for that matter?
If the media is the message, then reading what is written is not a source to get the meesage of the markets or the message of trading in markets.
THE way to learn is something that is definitely and clearly definable. It has nothing to do with books or reading them. If a person thinks it does, then he has to continue to do that until he finds out it is otherwise.
Finally, I am writing four books and later a fifth. They will never be anything but excellent references to the real thing.
Transference of empowerment of excellence in trading is not a literacy issue. It would be a great thing if there were a place in ET to get on the table just what is required for empowerment.
