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good one!...:-)
----- Original Message -----
From: "Jim Johnson" <jejohn@xxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>; "Alexander" <alexander@xxxxxxxxxxxxxxxxx>
Sent: Friday, July 12, 2002 3:39 PM
Subject: Re: Work 50-70 hours a week
> Hello Alexander,
>
> Oh, you have to include the following:
>
> 1.5 hours arguing with other O List members over whether its best to
> be a mechanical or discretionary trader.
>
> 1.0 hours downloading and installing missed data.
>
> 1.5 hours counting all you money before you put it in the mattress.
>
> 1.25 hours reading Old Wine in New Bottles (aka Technical Analysis of
> Stocks and Commodities).
>
> .50 hours arguing with other O List members whether Larry Williams is
> a marketing genius or a trading genius.
>
>
>
>
> Best regards,
> Jim Johnson mailto:jejohn@xxxxxxxxxxx
>
> --
> Thursday, July 11, 2002, 1:16:51 PM, you wrote:
>
> A> Color me lazy!
>
> A> This month's Active Trader magazine has an article, "A Trader
Checklist." It
> A> says, "In most cases though, being a successful trader requires
anywhere
> A> between 50 and 70 hours of work per week."
>
> A> Doing what?
>
> A> The active markets are only open about 30 hours a week if you stare at
the
> A> screen the whole time. How much "study" does it take before you learn
something
> A> simple that you feel comfortable with? Then what? An hour a day reading
trading
> A> books and magazines to see what other people are playing with? It takes
10
> A> seconds to put on a trade and 10 seconds to close a trade. It takes 10
minutes
> A> to figure out where to get in, where to get out wrong and a target.
Every
> A> software and web package has alarms.
>
> A> I'm just a beginner and maybe a fool but just what are you experienced
> A> successful people doing all that time? Or does that 50-70 hours include
yoga,
> A> watching daytime TV, emails to friends, washing dishes, web surfing,
making
> A> dates, clipping toenails?
>
> A> alexander the lifestyle-challenged
>
>
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