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Re: Concern for Newbies



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Hi

One of the problems with a newbie is you don't know
what you don't know. Experienced traders know 
their strengths and weaknesses and consequently
know what is required to improve both.

Asking questions is a great way to learn. At the end
of the day, however, successful traders rely on their
own judgement. I think little is achieved when experienced
traders post recommendations without accompanying 
commentaries. What is important in the long run for the
newbie is the process rather than the specific
trade.

That's what is great about RT. You have enough experienced
traders willing to share their processes. Thereafter it's up
to the newbie to decide what approach suits him and what 
doesn't.

regards

ray

R Barros
101/25 Market Street
Sydney NSW 2000
Australia

e-mail: ramon@xxxxxxxxx
tel:        61 2 92673470
fax:       61 2 92673478


----------
> From: Peter Namtvedt <petena9090@xxxxxxxxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Subject: Re: Concern for Newbies
> Date: Friday, January 30, 1998 11:11 AM
> 
> At 05:29 PM 2/3/98 EST, Peter2150@xxxxxxx wrote:
> >Hello  Everyone
> >
> >           These comments are addressed mainly for folks on the list who
are
> >fairly new to trading.  Lately there have been a lot of extremely basic
> >questions.  I don't personally have a problem with it as the list is a
good
> >source of information.  My concern is that some of the questions
indicate a
> >fundamental lack of knowledge.  Given that trading, be it daytrading,
> position
> >trading, stocks futures or whatever, is an undertaking that takes as
much
>> (snip)
> >                                 Pete
> >
> 
> And does everyone know when they have done a lot of digging for
themselves
> and the
> lots of hard work?  Isn't the really stupid question the one that you
don't
> ask?
> 
> Maybe you want the newbies to keep quiet, work hard, just listen?  Do you
> get the
> feeling that the beginners here are not studying?  Not doing their part
to
> gain
> the fundamental knowledge?  What should they do that is different?
> 
> 
> Pete (as in petena9090@xxxxxxxxxxxxxx)
> 
> 
>   
> 
>  
> petena9090@xxxxxxxxxxxxxx