Quote from BSAM:
Ouch! Why so harsh, dafrig? I may not agree with him either, but I don't doubt his sincerity / intelligence.
thanks.
surfer
mentoring-- a waste of time ??
- Thread starter marketsurfer
- Start date
thanks.
surfer
Quote from marketsurfer:
hey uptik,
thanks for the post ! yes, that is exactly what i am saying, however i would ad to your statement--the market will give you exactly what you want, if you have the potential within you .
take care,
surf
look, good detailed tutoring will improve your skills. kasparov can make nearly anyone a better chess player but will not make everyone into a grandmaster or even into a good chess player but if you have at least somewhere about avg capacity you can get measureably better; same with trading or poker or parcheesi
the level of improvement will depend on the abilities of both the teacher and the student but there will be improvement. do you think everyone must become a "grandmaster" to profit in market??
Quote from LongShot:
look, good detailed tutoring will improve your skills. kasparov can make nearly anyone a better chess player but will not make everyone into a grandmaster or even into a good chess player but if you have at least somewhere about avg capacity you can get measureably better; same with trading or poker or parcheesi
the level of improvement will depend on the abilities of both the teacher and the student but there will be improvement. do you think everyone must become a "grandmaster" to profit in market??
Got to agree with LongShot on this one. (Hmmm.....Maybe I better contact a good psychiatrist!
)how can you actually evaluate this statement?
if a great trader attributes his success to a mentor, it will be assumed that the trader's real talent was innate in the first place. apart from that, i think the closest thing you might find to an answer is Jerry Parker of Chesapeake Capital. Low key accountant learns trading techniques from Richard Dennis and builds success into a billion dollar fund, far surpassing his teacher. Dennis advertised in the newspaper for students, but I don't suppose that's what you meant.
perhaps your larger point is in regards to the fact that no book or newsletter guru can actually take the time or create the emotional connections necessary to develop someone to greatness. kind of like trying to be a tennis pro with instructional videos instead of an actual coach. the economics of mass market guru guidance just don't work from a time/energy standpoint.
if you're making this point to wake up the guppies swimming into the barracuda's lair, i salute your magnanimous nature
if a great trader attributes his success to a mentor, it will be assumed that the trader's real talent was innate in the first place. apart from that, i think the closest thing you might find to an answer is Jerry Parker of Chesapeake Capital. Low key accountant learns trading techniques from Richard Dennis and builds success into a billion dollar fund, far surpassing his teacher. Dennis advertised in the newspaper for students, but I don't suppose that's what you meant.
perhaps your larger point is in regards to the fact that no book or newsletter guru can actually take the time or create the emotional connections necessary to develop someone to greatness. kind of like trying to be a tennis pro with instructional videos instead of an actual coach. the economics of mass market guru guidance just don't work from a time/energy standpoint.
if you're making this point to wake up the guppies swimming into the barracuda's lair, i salute your magnanimous nature
Quote from darkhorse:
how can you actually evaluate this statement?
if you're making this point to wake up the guppies swimming into the barracuda's lair, i salute your magnanimous nature
your talent and perception shines brightly, darkhorse.
it is a pleasure to be your acquaintance.
surfer
I know I am supposed to be leaving, but I'm sick and not trading and bored out of my mind so I cant help myself.
I think trading is something that can be taught, like playing the guitar.
When I was a kid I wanted to be the next Jimmy Hendrix or Slash. I spent a ton of time practicing on my guitar and generally driving the entire neighborhood nuts. I also went to a number of lessons and had some great teachers.
What I did not have though was the true passion needed to become the next Jimmy Hendrix or Slash. I wanted to be a rock star coz I figured rockers get laid a lot and make a lot of money. It sounded like a good deal to me. But, I did not have a geniune LOVE and PASSION for music or the guiatar. I had a passion, but it was someplace else. So, no matter what I did I did not make the sacrafices required to be the next Jimmy Hendrix or Slash, even though I thought I was working my ass off.
I also think there is something inate in a person, or maybe how they grew up, I dont know..that will help you as a trader. I think anyone can make a living at it with discipline...I could play in a club band if I wanted, but few will make a great living. It requires something most don't have.
Brandon
I think trading is something that can be taught, like playing the guitar.
When I was a kid I wanted to be the next Jimmy Hendrix or Slash. I spent a ton of time practicing on my guitar and generally driving the entire neighborhood nuts. I also went to a number of lessons and had some great teachers.
What I did not have though was the true passion needed to become the next Jimmy Hendrix or Slash. I wanted to be a rock star coz I figured rockers get laid a lot and make a lot of money. It sounded like a good deal to me. But, I did not have a geniune LOVE and PASSION for music or the guiatar. I had a passion, but it was someplace else. So, no matter what I did I did not make the sacrafices required to be the next Jimmy Hendrix or Slash, even though I thought I was working my ass off.
I also think there is something inate in a person, or maybe how they grew up, I dont know..that will help you as a trader. I think anyone can make a living at it with discipline...I could play in a club band if I wanted, but few will make a great living. It requires something most don't have.
Brandon