peto
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Bit like my preference for learning to drive with an instructor who was also a decent driver!dbphoenix said:You may have a point that having gone through the process of trading, or at least learning how to trade, may be prerequisite for teaching somebody else how to do so.
Db
Thank you for furthering my knowledge of the chap. I intended to refer to "apparent" credability as a trainer rather than a trader, but then Messrs Secker and Winters also seem create an impression of credability amongst their followers.dbphoenix said:However, Tharp is not an exception, nor has he demonstrated any credibility at all with regard to trading prowess. But then Tharp does not teach traders how to trade; rather he addresses certain specific issues which are common to traders in trouble. Whether his counsel with regard to those issues is in itself credible or beneficial is another matter.
I love the analogies! I hope you are right that genius is not required, leaves me with a chance then...dbphoenix said:Again, learning how to trade does not mean learning somebody's system any more than learning how to paint means mimicking Rembrandt, or learning how to design a building means mimicking Wright. One needn't be a genius in order to design a system. But, with rare exceptions, that's not what those who flock to the courses and seminars and chatrooms are interested in. They're interested in calls and in being told where to enter and exit. And that's why they're so often dissatisfied.
I'm sure you are right about the flocks. I fear that few will ever be re-directed until after their homing instincts have landed them in the wrong places.
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