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Tom Baldwin (in Market Wizards) became a floor trader after a job in a meat
packing plant. He had no computer experience, yet he supposedly took less
than 25K to over 30 million in six years and trades upwards of 20,000 Bond
contracts a day. I guess you could say the guys at Omega who came from McD's
were in the meat packing business too (1/4 pound at a time). The point is you
can become a great trader (or whatever) regardless of what you did before.
You don't have to be a great programer. You don't need six years of college.
You don't need a fun toy like TradeStation. In fact, Market Wizards was
written in the late 80's before TS existed. Many of those guys used computers
for little more than quotes. Some of them still do charts by hand.
That said, I agree that Omega Tech is frequently bad. Most of the best techs
seem to pass through system and are gone or promoted in a few years. Too bad,
but it's the nature of the beast.
Bill Wynne
SmartTrades.com
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