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Re: Trading GEN: The "Downs Doctrine" 11 part matrix for a Trader's probability of Success



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When I was trading on the floor and a new market maker would enter the
pit and ask, how long does it take to learn to trade?  My answer, at
that time, was between $8000 and $10000.  The price may have gone up due
to inflation.  Ira.

Tom Stein wrote:

> Ira wrote...."That is what education is all about"
>
> Walt wrote...."We all make mistakes. Question is, do we learn from
> them? :)"
>
> Yes....Yes....
>
> My question is........ In regards to trading, does one have to
> experience the most valuable of lessons or can one read about them?
> Can you learn the lesson without first experiencing?
>
> Funny....I just received Eddie Toppel's free e-mail update..........
> http://www.samuraitrader.com
>
> In it he says....."The problem with learning from your mistakes is
> that you get the experience first and the lesson afterwards."
>
> Tom Stein
> comfut@xxxxxxx