Need your help in Education

Quote from MAESTRO:

I am not sure what you mean exactly. I am the first one to admit that I am not a good teacher for a beginner.

I meant keep it simple. Take him out to play electronic Pachinko at an arcade. Then show him how the market is the same.
 
Quote from Argent:

I meant keep it simple. Take him out to play electronic Pachinko at an arcade. Then show him how the market is the same.

I see. No, it is not what I am prepared to do. I only was hopeful to point him in the right direction. What I do for living is not suitable for him; may be even harmful. I am conscious of that. However, I do not see any harm in exploring the possibility. I just have no idea what people are using as a start-up kit these days.
 
Quote from MAESTRO:

Yes, I got that, thank you though!

I'll say this, then shut up. I think it's like trying to learn how to walk a high wire by reading a book.
 
Quote from Argent:

I'll say this, then shut up. I think it's like trying to learn how to walk a high wire by reading a book.

I agree 100%, however, he is curious and I feel that right education could help him at the beginning.
 
Quote from Argent:

Well, if you must. But don't bedazzle him with the kaleidoscopic eye candy you shamelessly pander to the drooling masses. Teach him S&R on an index future. Have you explained to him that drinking all day and chasing pussy might be more fun and cost less?

mr. silver or anybody,

what is s& r on an index future?
 
Quote from zdreg:

mr. silver or anybody,

what is s& r on an index future?

Round numbers, fibs, dows, swing highs, swing lows, yesterday's HLC for simple. The more esoteric shit, and there is plenty, you'll have to find yourself.
 
Quote from MAESTRO:

Dear all. A friend of mine who is around 50 years old has asked me to help him. He is a software/electronics engineer in one of the largest US corporations. He is looking to retire and wants to learn the Futures Trading business. He asked me to give him the list of sources (books, articles, videos etc.) that would enable him to learn about this industry and try to become a day trader. It has been over 20 years since I looked at the beginner's literature. Naturally, I found myself completely unfamiliar with the current state of the education materials for beginners in Futures Trading. I know that lots of ET members have gone through this education process them selves and I was wandering of you can help me with the suggested selection of materials. I would greatly appreciate your input and would be very thankful for giving me your suggestions and ultimately helping this very nice fellow.

Cheers,
MAESTRO

I think it would be natural to get a solid understanding of the mechanics of the market place:
http://www.amazon.com/gp/product/04...17145&creative=399373&creativeASIN=0470137711

There is also a lot of information available for free at the exchange's website:
http://www.cmegroup.com/education/index.html

At leas dissuade him from paying thousands to worthless "educators"...
 
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