Does the coach have awareness of Dick Turpin? No? Then you've been robbed.Or have we?
vcir said:
I think the main problem is to find out which of these services are of value.. "The wise man produces, the unwise writes books".. I haven't met many competent traders with the time and patience to colaborate in the formation of aspiring traders... although there are some exceptions..
And the point is, as you stated quite well, how can you tell the difference?
Is it just a matter of luck? I was lucky to find a good teacher.. I think
Have a great weekend
Very few would want to create clones of traders being able to trade unless of course their personal need to help others progress is a challenge or an awakening of sorts or even a next step in receiving greater rewards or just the ultimate expression of their inner true suited life calling to help others.
How could a person know the difference you mentioned. This is an area which draws a lot of heat as there seems to be market practioners using various methods to get the job done.
So whats the job to be done? The objectives, is it to learn to trade, or evolving to being able to manage self control whilst using a statistical based method ,that ,by becoming expert with self control enables the user to make profits over a number of trials by being able to instantly execute trades based on the method which doesnt or isnt perhaps (because the traders who want to learn to trade will evolve to know what and when to do based on what trading is about and will likely ,I suggest ,NOT use a statistical based method ,but use one based on trading value (shaft them here) in an auction based market,fluid , dynamic ,yet underpinned by the same non physical mechanical concepts ,that make Dick Turpin look like a giver beyond Mother Teresa's standards. ) based on market speculation. (wow fat double brackets filled,can we use brackets within brackets, Neil can you have a look please?,ta. )
So we have traders who want to student the market and others who want to get a method to make some money without regard or lack of personal ambition (which is fine,if thats what they want) to have a greater insight,understanding or drive of continually working towards knowing whats happening in front of them. Betting your money when ol Dick Turpin is about to unholster his flintlock and utter the correct words to be using ,which is "Stand and deliver"
So the difference again, Dick Turpin will know when the carriage is approaching, he'll know when/where to stop it etc. now you are either outside the carriage,watching its frame rock and bump up and down ,wheels hissing through wet muddied paths, thundering hoof's etc with the intent of robbing it (quite fairly of course
) or you are inside it looking out , thinking making good time, pleasant journey, then.... shudder ,screech, " I say...... my god "
"Stand and deliver"
Now does the coach approach trading like Dick ? O.k. does the coach if thats too crude a concept , does the coach,mentor,trainer see dick turpin & the carriages, etc.
We have to each ask ourselves and we may not even think like this for the longest of time, err for a while anyways
Do we want to rob carriages or not.
If the idea of robbing doesnt sit too easy in ones mental palette, just replace with buying value at x and the exchange of it at z. . y = secondarys on route. selling x and buying z = inside the carriage.
hmm from that x,y,z I can see the typical path selling x & buying z, , buying or selling y, arriving at , buying x , buying y, & selling Z.
Does the coach have awareness of Dick Turpin? No? Then you've been robbed. Or have we ? Well if you want to learn to trade as opposed to piloting a statistical based method then you/me/everybody would be perhaps best asking the coach about highwaymen and seeing what response you get.
