Steve and Don are good, but not the best in SI.
Gee, I don't know how to take that????
I wouldn't consider SI a hot bed for heavy hands of finance...
As I have stated before..The stock market has become a mania, this will lead to disaster, as long as expectations remain so high...
Too many people read a few books, watch and read about a FEW people who have made it and then dream of quiting their job, and becoming a trader...
Be careful...! The more your read about these small trading companies
providing courses and office trading terminals..The more I worry..
Can anyone here, tell us about the pros or cons of these trading courses... I recently visited one in my area, and listened to the sales pitch, and looked thru the window at 50 people sitting at computer terminals watching quotes and charts being updated every second, and you could see the same thing in their eyes, you see if you have ever visited a slot machine area in a casino.. I can hardly wait UNTIL I get that jackpot.. Many of the people looked like they stopped by on their lunch hour to trade for a few mins.. Based on what they learned from their $3000, two week course, Trading to Riches...!
I worry!, I have invested 30 years of my life, and have made EVERY mistake, and learned the hard way.. No MBA, no inherited wealth to play with, just a love of the market.. As you might have realized Demographics and Retirement concerns are the driving force in ths market.. The biggest danger is the total lack of experience by all levels of the financial community to handle a major crash...
Steve, how old are you and how long have you been actively investing in this market?
The market has moved almost straight up since mid 1982... Making money in this enviorment hasn't been a big challenge. How these market wizards do in flat or bear markets will prove if they have any ability...
It will happen, and many lives will be ruined. Of course most people today can't imagine this.. It is like when you were a child and you father told you to be careful, but you thought what does he know.. Then one day you get burned.. Then Dad suddenly becomes such a wise man...
Well, I am only 43 but I have been around this market since 1966, and I KNOW it will happen So you BE Careful...
Regards and Goodbye...
Don Green
Bellevue Wa.
Returning to the world of lurking!!! |
