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--- In realtraders@xxxx, Ira Tunik <irat@xxxx> wrote:
> You mention education requirements. That is what the time spent in
school is,
> that does not make one a Doctor, Lawyer or Engineer. All that does
is give them
> a degree and the ability to apply for a job that will give them
experience. I
> certainly wouldn't have wanted my triple bi-pass done by someone
just out of med.
> school. Because someone has read Gann, Eliot, or a hundred books
on trading and
> can quote chapter a verse all of the theory, does not make him/her
a trader.
> Like every other business, one needs experience and not only in
bull or bear
> markets, but in every type of market. Ira
>
Ira,
I agree with all of what you said but I want to add one additional
point; Experience is not enough without continous update of
knowledge, certainly you don't want a doctor do your CABG based on
old information he learned 20 years ago even so he is experienced.
What I want to say, although experience is very important, a
contineous update of the knowledege is a key.
Haytham
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