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A good broker is an invaluable asset. A good broker will talk his clients
out of more trades than he will try to get them to take. It is simply good
business to do so. Also, the experience a good broker has built up over
years of dealing with different traders and trading styles cannot be bought
at any price. Yes, there are a lot of lousy, disinterested, shortsighted
and greedy brokers, but it is well worth the effort to find a good one.
There are also a lot of people who post on the various trading lists who
haven't got a clue and constantly broadcast bad advice with little or no
experience or research as a basis for their comments.
Regards,
Tom Alexander
----------
> From: JDFO <jdfo@xxxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Subject: Randy re: George Lane re: Jack Carl
> Date: Thursday, March 26, 1998 9:58 PM
>
> Randy:
>
> Whatever you do, DO NOT follow the advice of Pete and use the
Personal
> Account Rep (i.e. salesman)
> at Jack Carl or for that matter any brokerage firm, unless you want to
lose
> your stake quickly.
>
> Forget all about these training classes; everything I have tried
with
> these types is pure hype. You'll be much better off reading good books,
and
> someone suggested Joe Ross. I have heard good things about his writings.
>
> Buy never, never let a broker teach you, at Jack Carl or
> anywhere!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
>
> John
> jdfo@xxxxxxxxx
>
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