I am sick of these fake mentors
- Thread starter marketsurfer
- Start date
no it's not as my initial post was to get the poster to think about why his analogy wasn't great. I didn't think I needed to spell it out explicitly.
The analogy isn't that great because in trading there are many participants, so it's not just A vs. B, it would be a vs. b,c,d,e,f....with the few winners being ones with institutional financing, speed, and insider knowledge, so the zero-sum game of trading has the odds against an individual participant's success much more than my analogy suggested.
I think I was the first one who brought up electricians, but my only point was to illustrate that in many professions, if someone who is an expert chooses to show someone else how to do something properly in that field, that apprentice should be able to make it work.
Given that this discussion was about traders offering books and videos, and hence the experts in this example, it should follow that some apprentices should have been able to trade profitably as has been taught. All we seem to have though are others saying they take certain ideas from some of this material, but that none actually in fact trade like the book or video would imply.
The implication of this once again would be that if an electrician says this is how you wire a receptacle, this is the correct wire to use and this is how you attach it, you really shouldn't stray from this procedure. Of course trading is much less rigid, and there isn't government code that specifies how it should be done, but I hope that my original point is clear.
Given that this discussion was about traders offering books and videos, and hence the experts in this example, it should follow that some apprentices should have been able to trade profitably as has been taught. All we seem to have though are others saying they take certain ideas from some of this material, but that none actually in fact trade like the book or video would imply.
The implication of this once again would be that if an electrician says this is how you wire a receptacle, this is the correct wire to use and this is how you attach it, you really shouldn't stray from this procedure. Of course trading is much less rigid, and there isn't government code that specifies how it should be done, but I hope that my original point is clear.
Trading works in a non linear system wheras most other professions / trades are very linear.
The first step to success is to realize what you are dealing with. Next understanding that you are the bottom of the food chain, information flow, and capital levels is the next step in right thinking about trading.
surf
I have to give him his due - this is a very smart post, Surf !
Another point is that the trading profession attracts very, very smart people.
Thank you, bone. Yes, but not only the smartest people on earth but the most clever and ruthless.
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The big bad boogie man - be afraid..., be very afraid
Fuck em all imo
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They can't trade - they can't hang
And that is the great equalizer - and only what counts
RN
The big bad boogie man - be afraid..., be very afraid
Fuck em all imo
=============================
They can't trade - they can't hang
And that is the great equalizer - and only what counts
RN
If you can, then you win. You are right-- that's all that matters. Just as long as you don't self delude yourself -- it's all good.
surf