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Bob,
We are talking about people who say they can deliver and then they don't.
It depends upon the contract that is made.
Don Thompson
Subject: Re: [RT] Mentors:What makes a good Mentor
> This is an argument I have heard before and just do not understand, and in
> fact I find quite offensive. If a trader is successful he/she has no
doubt
> gone through an extensive and painful journey to figure out how the game
is
> played. And if they have some kind of courseware/system they no doubt
> invested hundreds/thousands of hours to develop it. If that person then
> decides to offer a fee-for-service to assist other aspiring traders he/she
> is labeled a charlatan. If he/she instead gives that knowledge away for
> free he/she is called legitimate and a great person.
>
> Why in h-ll should that person be compelled to then give his knowledge
away
> to other traders or be labeled a scam?
>
> Personally I see absolutely no problem in charging for expertise. My
> accountant does it, my doctor does it, my dentist does it, etc., etc., but
> we don't label them charlatans. There are too many people looking for a
> handout when instead they should be looking for a hand up. We already
have
> an over-abundance of entitlements in this country. We also have an
> over-abundance of people who are really looking for an excuse to shift the
> responsibility for winning or losing to someone/something other than
> themselves.
>
> Bobh
>
> ----- Original Message -----
> From: "DH" <catapult@xxxxxxxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Saturday, May 19, 2001 2:15 PM
> Subject: Re: [RT] Mentors:What makes a good Mentor
>
>
> > > Laudible characteristics.
> > > Several of the characteristics lacking are:
> > > Honesty, Vulerability, and
> > > guilessness in the case of transmitting knowledge and technique.
> > > Lacking the above the mentor-prote'ge' relationship in this business
> will
> > > sour rather quickly, when the
> > > master say's, "Put another dime in the record machine. "
> > > When the Mentor is partially motivated by being needy upon the student
> for
> > > his/her livlihood, the relationship is poisonous..
> >
> > Yep. Unfortunately, there seems to be an inverse relationship between
> > the amount charged and the quality of instruction. The very best stuff
> > is free. I look at it this way. If a trader has been in the business for
> > xx years, and is good at his craft, he is making enough that he has no
> > need for the chump change of student tuition. If he is charging the big
> > bucks for tuition, he is probably depending on that for his income,
> > rather than the profits from his trading. You need to ask yourself why
> > that is. One possibility is that he is not as great a trader as he
> > claims and finds it easier to make money teaching. There are some great
> > traders who get personal satisfaction from teaching. They don't need the
> > money and they don't charge anything. Look at the stuff Tim posts on his
> > web page as an example. He uses the internet as an easy way to
> > communicate with as many people as possible and it's all free. Even
> > Mark, with his own unique style <g>, gives away a lot of good stuff for
> > free. Contrast that to those who drop vague hints about "secret
> > knowledge" and refuse to impart their "knowledge" unless you pay (and
> > pay and pay). It's pretty clear to me who is motivated by a sincere
> > desire to help and who has other motives.
> >
> > --
> > Dennis
> >
> > To unsubscribe from this group, send an email to:
> > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> >
> >
> >
> > Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/
> >
> >
>
>
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>
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>
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