I certainly thought about getting AB Watley, but I decided that I
could use the classroom training. There was a time when I
thought that I was so smart that I could learn anything from a
book, but then I picked up a copy of Lie Algebras in Particle
Physics by Georgi, and got stopped cold at chapter 3.
I spent the summer before I started physics grad school reading
and working problems, but no go. But when I got a faculty
adviser to grade my problems and explain a few difficult to
understand passages, it became almost easy. My suspicion
is that day trading is probably as difficult as quantum mechanics,
and exposure to those who have figured it out is very useful.
Maybe it is easy, and maybe I will be a great success. I just
don't want to do it at home, get crushed, and then wonder if
I just needed some direction. I'm actually looking forward with
great glee, and I can't wait to get started. It would probably be
good to have someone around to tell me I'm mortal.
Another thing that would be useful is someone who would slap
my hands when they hit key strokes that cause me to do silly
things like buying .06% of HRSH this past Friday. I've never
owned such a large percent of a company before, I wonder
if they will have to put me on the board of directors. :)
And I think I will find it easier to take small losses while I am
being watched. To a certain extent, trading seems to me to
be a matter of doing the right thing, in the face of the real world
rather than hope. I know I need to treat my capital with more
respect than I do, and I am sure that I could use the influence
of a survivor.
Oh, and yeah, the share costs at Block are about $0.015 per
share, rather than the 15 cents I typoed.
-- Carl |
