How I made $2,000,000 in the Stock Market

[lovethetrade]

Being a particular type of personality is much more important than reading books on trading methods.

You can master trading without reading a single book but you'd be lucky to survive a few months if you aren't the right personality.

 

[snowman80]

It's difficult to know how to respond to these people in trading forums who produce all the stuff like "Real experts don't write books" and "Textbooks aren't useful", isn't it? (Glad my doctor and lawyer didn't think that, when they were learning!).

One can try a simple, factual "You're wrong", but probably they don't listen. Others might, though, and at least become aware that they're actually being fed factual misinformation, rather than just someone's eccentric opinion? So there might still be some value in it, in principle?

(One of Linda Raschke's books is quite good, actually - I don't mean to imply that the others aren't: I just haven't read them yet.)

you seem to imply that textbooks written by experts are useful. i think that’s meaningless. usefulness of the message conveyed by the expert depends on the person interpreting it.

statements like that should always include
‘to me’ as in ‘to me textbooks written by experts were useful’. the same textbooks could have been totally disastrous in consequences to others.