Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: Paul K who wrote (5672)	11/7/1998 10:42:00 PM
From: TraderAlan	Read Replies (2) \| Respond to of 12617

Paul, Trading is an exchange of wealth. In order for someone to win, someone else has to lose. If there were only a few participants, perhaps an educational site could have some impact on that equation. Considering the vast pool of traders, a new army of overachievers will hardly affect my trading bottom line. The failure rate will remain high even if thousands of excellent trainers comes along. Good training levels the playing field for those who obtain it. But lack of knowledge probably isn't the reason most traders fail. It's the inability to deal with the psychological aspects of trading. And obviously that's not going to change through mine or anyone else's efforts. <My best guess is you anticipate your on-line commentary efforts to become more profitable than your personal trading?> This sounds like a bit of a flame as I don't see how one thing affects the other. Frankly, I believe the opposite is true. I perfect many of my trade setups by writing about them. Perhaps you don't know this but my original home page was called Day Traders Diary. There was a reason for the title. I'd be glad to discuss my motivations if that's what you'd like but you shouldn't assume you understand me well enough to make a statement like that. Alan