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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: Matthew L. Jones who wrote (5017)	10/23/1999 3:53:00 PM
From: Threei	Read Replies (1) \| Respond to of 18137

LOL, here is similar example: in the beginning of my trading career I noticed that I tend to tell my wife that I had flat day if I lose $200 and that I made $600 next day when in fact I made $800, making up for yesterday's lie. I was "reserving" that loss to make it up later... gee, how strong our ego is, huh? It took me a while to stop reporting daily results, and I believe growing confidence helped. Vadym

To: Matthew L. Jones who wrote (5017)	10/23/1999 7:17:00 PM
From: LPS5	Read Replies (1) \| Respond to of 18137

In my experience and opinion, the overwhelming majority of these mentoring and training programs, books, and websites are basic, repetitive, and don't teach anything one couldn't learn on CNBC or in a Series 7 manual. Again - not all, but most. Any of the good traders that I know have little, if any motivation (time and incentive are lesser - though not discounted - considerations) to teach new, inexperienced individuals to trade. Sure, they can and usually do teach what a bid or offer are, show what keystrokes to hit and the like...but in my experience, when it comes to the days, weeks, months (and longer) that would need to be taken sitting with someone through varied market conditions and the like, most traders who are doing well couldn't be bothered. Not all, but most. LPS5