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Pastimes : Robin Dayne - Mastering your Emotions -- Ignore unavailable to you. Want to Upgrade?

To: William W. Dwyer, Jr. who wrote (16)	5/25/1999 8:43:00 PM
From: kaz	Read Replies (1) \| Respond to of 121

Unfortunately, Bill, there are no licensing requirements for declaring a status as psychotherapist (probably what "Master at Mastering Emotions" qualifies as). In most states, ANYONE can declare themself a therapist of one sort or another even if they have absolutely no education or experience that one would ASSUME they must have in order to give themself a title. Sad but true. No wonder therapists get such a bad name. The educated ones aren't guaranteed to be competent, but at least they went through some kind of training with professional guidance. I wonder what university offers an MS or PHD in "Mastering Emotions." Sounds more like BS material to me. I agree that posting results at the end of the week is worthless. Even five minutes late wouldn't mean much. A great way to sucker people is to review data, find some kind of pattern and then construct a formula that always gives the right answer. Of course it does! The answer is already known. Every day the market offers infinite ways to take $1000 and turn it into $1 million. Problem is, it's only at the end of the day that all those ways become obvious. Anyone who trades knows what I'm talking about. Action often comes down to one split second. After that, the stock is either up or down. But it has gone its way. How easy is it to say, "I would have bought before the price went up?" Easiest thing in the world. Much harder to actually do it and not go broke. Rather than focusing on "what a winner I am", how many glasses of water I should be drinking or whatever, it is my opinion that time would be better spent learning how to identify relatively low risk trading opportunities with a good profit potential, preferably where the stop point isn't too far below where the stock is trading. Of course, such a simple concept doesn't require a high priced seminar, nor does it guarantee winners every time. From my limited experience, though, it's the best we can do (short of trading on illegal inside information). Then again, Bill, we seem to be talking to ourselves. Regards, Paul Kaz

To: William W. Dwyer, Jr. who wrote (16)	5/26/1999 11:33:00 PM
From: JB2	Read Replies (1) \| Respond to of 121

Unfortunately rather than spend time answering the questions I posed this weekend, it appears the Robin flew off the handle and sweet talked SI into deleting them. But that is her forte', right? Y, know, I'm a pretty good talker myself, as I suspect you are. We could probably memorize a bunch of engineering textbooks and go out and give seminars on How to Be an Engineer. Why don't we? Because that would be unethical. WE wouldn't be able to sleep thinking about all the shaky bridges that might be built. Unfortunately all some people see when they sleep are dollar signs. If Robin can't show her record as a trader, perhaps it is because she is more of a parrot than a robin--- just repeating pages she's read in trade journals and extemporizing. It's the extemporizing that is the worst. What is with the biblical theme? Let's start a "Revelations for Traders. I'll begin: What is in the future for the trader that gives his capital to fast talking hypnotists? Much enlightenment grasshoppa, as your wallet will be much lighter. But the serious student will avoid this deadly transgression and learn from those that have gone before... BTW since she deleted her web address, how's anybody supposed to check her records there? And why no records until now? Are we here at SI the first to ask her for her trading credentials? If her accountant would show a certified copy of her tax return, it would be sufficient and quick---No 60 day contest required.