JIM Cramer is posting on ET

Quote from naked:

Jim is on ET, posts few times a month, but reads a lot.

I think the guy is a prick but I do see his passion and its similar to my own. Also its clear to me that he never understood the trend, I finished his book lately. Its pretty amazing if you ask me that a guy with such low understanding of simple trend following ran a big fund and kept quite a few mil

if Jimbo can do it, anyone can, its freakin scary

just my 2 cents

It is amazing what one person sees and another does not. It is why the market is what it is. I coach people how to trade and what was a revelation to me was how many just can't trade no matter how smart, successful in other things or how well educated. I used to think anyone can learn to be a trader as long as they became aware of what it is to be a trader...I learned it just isn't so.

At this point IMO, it has to do with mind-sight and eye-sight. Mind-sight and eye-sight are in constant conflict. Mind-sight is a function of prior conditioning, whereas, eye-sight is what it is now.

It is like a painting of a landscape with hidden objects in the painting. At first we don't see the hidden objects and there is a possibility we never would unless we were told there are hidden objects in the landscape. Once we find the hidden objects, they will jump-out at us every time we view the landscape even years later. However, there are some who can never find the hidden objects on their own and have to have the objects pointed out to them every-time they view the landscape.

Trading is a lot like the analogy for a lot of people, more than I realized. It isn't the market or a flawed system which defeats the trader. It is his mind-eye, IMO. We all see the same thing with our eye-sight, but we most often see totally different things with our mind-sight.
 
Quote from naked:

Jim is on ET, posts few times a month, but reads a lot.

I think the guy is a prick but I do see his passion and its similar to my own. Also its clear to me that he never understood the trend, I finished his book lately. Its pretty amazing if you ask me that a guy with such low understanding of simple trend following ran a big fund and kept quite a few mil

if Jimbo can do it, anyone can, its freakin scary

just my 2 cents

Fuck Cramer. I quit watching him several years ago.

John
 
Crammer is a the PT Barnum of our era. Wouldn't surprise me at all if he posted on ET, lots of suckers on this site :D
 
Quote from Fangdog:

It is amazing what one person sees and another does not. It is why the market is what it is. I coach people how to trade and what was a revelation to me was how many just can't trade no matter how smart, successful in other things or how well educated. I used to think anyone can learn to be a trader as long as they became aware of what it is to be a trader...I learned it just isn't so.

At this point IMO, it has to do with mind-sight and eye-sight. Mind-sight and eye-sight are in constant conflict. Mind-sight is a function of prior conditioning, whereas, eye-sight is what it is now.

It is like a painting of a landscape with hidden objects in the painting. At first we don't see the hidden objects and there is a possibility we never would unless we were told there are hidden objects in the landscape. Once we find the hidden objects, they will jump-out at us every time we view the landscape even years later. However, there are some who can never find the hidden objects on their own and have to have the objects pointed out to them every-time they view the landscape.

Trading is a lot like the analogy for a lot of people, more than I realized. It isn't the market or a flawed system which defeats the trader. It is his mind-eye, IMO. We all see the same thing with our eye-sight, but we most often see totally different things with our mind-sight.

One of the best posts ever contributed to ET.

- Spydertrader
 
Quote from Fangdog:

Trading is a lot like the analogy for a lot of people, more than I realized. It isn't the market or a flawed system which defeats the trader. It is his mind-eye, IMO. We all see the same thing with our eye-sight, but we most often see totally different things with our mind-sight.

Yep, even from seemingly the most useless threads we will find the pearls of trading wisdom to help us along on our journey.

Fandog isn't just talking about his students btw, he's talking about you, me and everyone who trades, everytime they trade.
 
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