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

To: LPS5 who wrote (11003)	12/18/2000 3:13:30 PM
From: Brandon	Read Replies (5) \| Respond to of 18137

IMHO the best published books out ther are trader vic, reminisance of a stock operator and market wizards. If you dont read anything else I think youd be better off than those who have read everything else. Brandon

To: LPS5 who wrote (11003)	12/18/2000 6:22:25 PM
From: jaybiegh	Read Replies (3) \| Respond to of 18137

>the only way - and the indisputably best >way - to truly learn to trade is to sit >i.e., work - perhaps starting as an intern >or assistant) for a year or two on a trading >desk, with professional, experienced (and >typically licensed) traders I would be the last to argue with your knowledge LPS5 and I certainly see your point. I will say that if that is what it takes to learn to truly learn to trade then I will be a fraud for whatever time I last in the business (perhaps not long). If you are right then I will have to accept that I will never be a "true" trader as I am not seeking the opportunity that you describe. If I cannot be a true trader, then I will simply aspire to being a profitable one (if there is a difference). LPS5, using the much bantered number of only 10% of active traders being profitable, would you say that most of that 10% are former firm/professional traders? Are all the profitable traders ones who learned by your suggested path, or is success merely unlikely by another path. Thanks all JB