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-----Original Message-----
From: Steve Roberts [mailto:steve80866@xxxxxxxxxxxx]
Sent: Friday, April 21, 2000 9:11 AM
To: support@xxxxxxxxxxxxxxx
Subject: Re: [RT] S&P Mentor Wanted
Jim,
I both agree and disagree with you. I am one who has had to be very focused
on developing my "self-knowledge" to trade profitably. Otherwise, I shoot
myself in the foot over and over. It's not that I don't know all the ins
and outs that the teachers can teach me. I've been a very diligent student.
However, knowing it in the head, and knowing it in the gut when the pressure
is on, are two different things. I've had to do alot of the self-knowledge
jibberish to get my gut reactions working properly.
On the other hand, my sister is one of those "can-do", "if you can think it,
you can do it" type of people. If you teach something to her she can do it.
I am considering teaching my method to her and have no problem believing she
will have little trouble following it and making money. But if someone were
to teach it to me I would find a way to lose money with it.
So, I think there really are some differences in how people are put together
that greatly influence their ability to become profitable.
Steve
----- Original Message -----
From: RealTraders Support <support@xxxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, April 21, 2000 9:21 AM
Subject: [RT] S&P Mentor Wanted
>
>
> -----Original Message-----
> From: Jpilleafe@xxxxxxx [mailto:Jpilleafe@xxxxxxx]
> Sent: April 21, 2000 03:47 AM
> To: support@xxxxxxxxxxxxxxx
> Subject: Re: [RT] FW: S&P Mentor Wanted
>
> In a message dated 4/20/00 10:49:56 PM Pacific Daylight Time,
> support@xxxxxxxxxxxxxxx writes:
>
> << Any mentor or teacher can only teach what they are skilled at and
think
> is of value. Just like attending college, you may need several teachers.
> Then,its up to you to put together what works for you. The rest of what
> makes
> people successful probably can't be taught. You have to be born with it,
> i.e.
> perseverance, discipline, nerves of steel, quick reflexes, strategic mind,
> etc. I will tell you that the most important knowledge you can have is
self
> knowledge. "Know Thyself" is what W.D. Gann invoked as his first trading
> rule. >>
> **********************************************
> Norman,...It's ironic that you feel this way,..as if to admit that without
> "self knowledge" a person could not benefit from your fee based service,
> etc.
> As usual I disagree with you and feel that success in the financial
markets
> can be learned from others who are already successful,..without a person
> realizing "self knowledge" or other such jibberish. The key factor is
the
> willingness of the successful person to openly share his/her knowledge,
> methodology, and insights with the person who is learning. This gets back
> to
> an earlier post which I'll repeat
> for the benfit of others who may not have been on RT forum at the time or
> missed
> the post,...etc. Regards, JIM Pilliod
>
> In a message dated 1/22/00 1:47:32 PM Pacific Standard Time,
> nwinski@xxxxxxxxxxxxxxx writes:
>
> NW: " Wake up people. All of life is one big advertisement. No one does
> anything for free unless they think they can somehow benefit."
>
> ****************************************************************
>
> Norm,...
>
> I have to disagree strongly with your statement.
> More like wake up and look around you at all the people
> who for whatever reason have decided to give freely with
> expectations of getting nothing back in return....just the
> idea of sharing what they have found worthwhile with others.
>
> You can look at people "volunteering" their time in your
> community,...or other examples of selfless sharing whereby
> one's good fortune in life experience enables them to give
> something back. The wealth effect...."prosperity" whatever
> you chose to call it,...has enabled many people to be in a
> position whereby they are now able to focus on "giving back",....
> helping others in whatever way they chose.
>
> So life need not be "one big advertisement".
>
> Specifically in the world of Technical Analysis,...let me give
> you an example. The Market Technicians Association MTA
> sponsors an Internship Program,...and as an affiliate member
> in 1992 I was selected as one of the first to go through the program.
> The instructors "mentors" were top in their positions...Alan Shaw with
> Smith Barney,...Phil Roth with Dean Witter,...Ralph Acampora with
> Prudential,...Steve Shobin,..etc. These are very busy "prominent"
> people who for a several day time frame each set everything else
> aside to teach a novice,...someone they would likely never see again.
> During a three week period these "mentors" gave selflessly,...sharing
> in their methodology and work, favorite methodology,..insights,....
> nothing was "proprietary"....off-limits,... or unanswered. These
> instructors gained nothing in return from this effort,...except perhaps
> to instill the same desire to share knowledge and success to the intern.
>
> It worked for me. After the internship,..I went on to become quite
> successful in part due to insights I gained from the internship
> experience. More importantly,...I learned the real value of sharing
> knowledge and helping others....expecting nothing in return, just being
> appreciative of the opportunity to give back..etc.
>
> Norm,. you may want to think of how your posts would be different
> if you were not motivated to promote your services. Clearly you
> are very smart and your work is well founded. But,...it is always
> a good time to take account of how fortunate
> so many of us are though,...and think about ways in which we can
> so easily give back so to speak. Simple.
>
> Jim Pilliod jpilleafe@xxxxxxx
>
> **************************************************************
> Also,...I am not affiliated with the Market Technician's
> Association (MTA) but would highly recommend the
> organization to anyone seriously interested in working
> in the financial markets.
>
> Like anything else,...you get out of life what you put into it.
>
> MTA site is www.mta.org
>
>
>
>
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