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Re: Degree in trading (Alternative)



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Doc,

Did anyone like this ever voluntarily help you when you were starting? Most
of the traders interviewed in Market Wizards were helped by someone at one
time or another. Just curious.

Brent

----------
> From: THE DOCTOR <droex@xxxxxxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Subject: Re: Degree in trading (Alternative)
> Date: Friday, July 17, 1998 7:43 PM
> 
> I know a good number of highly successful traders and I fail to see a
compelling
> reason why anyone would assume they would be willing to share the wisdom
they
> have acquired over the years.  At the same time most of the folks who
sell
> trading expertise couldn't trade their way out of a one lot oex option
the day
> before expiration.
> 
> Some thought IIT(Illlinois Institute of Technology)runs a college
> program..endowed by much of the trading community to train traders.  It
was
> essentially established by the Chicago trading community to develop
"talent" on
> an mid to entry level of trading skill.
> 
> Tony Saliba..profiled in Market Wizards does in fact run a school for
> professional option traders.  It is used extensively by the professional
> community both in the US and Internationally.  The only hang-up is it
cost  a
> bundle ($10,000 + the last time I saw a price list).  Most of the major
> proprietary trading firms do in fact runs in house schools, but they are
just
> that.  They are designed for their future floor staffs.
> 
> I'm kind of dismayed by the assumption that anyone would expect any of
these
> successful traders to really give it away.
> 
> If I had developed a really valuable methodology for trade I would trade
it...
> not sell if.  And that is exactly what they do.
> 
> Glenn Pederson wrote:
> 
> > On 16 Jul 98 at 13:37, BrentinUtahsDixie wrote:
> >
> > > 1 hour honest trading guidance from a magnanimous highly successful
former
> > > trader
> >
> > Anyone know how to find these highly successful traders willing to
> > give you an hour of their time?  I have been in this business for
> > many years and have yet to come across any successful traders.
> >
> > Thanks,
> >
> > Glenn
> > gpeder@xxxxxxxxx
> 
> 
>