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Every book you read seems to mention the importance of finding a mentor. I'd
be interested in hearing from RT's who have had an experience with any of
these folks who advertise their services out of their "trading rooms." I find
it hard to believe that you can spend 2-3 days with someone and come away
armed with the tools to tackle the market (S&P500 e.g.). The one time I did
this, it was a complete waste of time and money (Daniel Dowling of Center for
Market Studies in North Carolina, from whom I had the gullibility of
purchasing software from, before the trip. I thought the in-house "workshop"
would redeem it. All it did was confirm what had happened. I had been taken
for damn near $8K. What can you do other than chaulk it up as drawdown and
get on with your life). My conclusion after 4 years at this is that the only
way to surivive, much less thrive,- over the long haul- is to rely on one's
own read of the markets and sheer wits. Still, I'd be interested to hear
others' experiences along these lines.
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