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Re: [RT] does anyone Know (chat room quest.)



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Trading Reference Links

Yes Dom, I very much shared the site creators' vision of not "talking
voodoo". Frankly, I used to be a royal pain in the butt in math class,
because I felt I had to understand *why* we had to learn a particular
formula before I could keep it in my head... pure rote work isn't worth
diddle without specific examples of application. Then it's practice and more
practice.

I believe Clyde has had a few of those PIA emails from me lately... lol...
;~)

Hope that answers your question.

Best regards,

Gene Pope

----- Original Message -----
From: "dom1_1998" <dominick@xxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Saturday, October 12, 2002 1:47 PM
Subject: Re: [RT] does anyone Know (chat room quest.)


> You brought up an interesting point Gene.
>
> I have found, personally, that I'm a "test taker".  I can study the
> subject, take and pass the test.  But, unfortunately, I also
> discovered that if left on my own, I didn't know how to apply what I
> learned.  This applied many facets of my life.
>
> I needed to be shown step by step how to apply what I learned and what
> to do if it didn't work.  This gave me confidence in doing the job and
> eliminated any fears I might have of failure.
>
> When ever I had the above instruction, I became very successful in
> doing it.
>
> So I'm wondering, were those students shown how to apply strategies
> and what to do if it doesn't work?
>
> TIA,
>
> Dominick
>
>
>
>
> --- In realtraders@xxxx, "Gene Pope" <gene@xxxx> wrote:
> > Bravo Bob. I'm going to chime in with the other 0.5 cents.
> >
> > For about 6 months, I was part of an internet "teaching room" and it
> *was* a b_buster job. But I enjoyed many aspects of it. Most of the
> time, the participants were fantastic. Smart, passionate and motivated
> to learn. I quit because it took too much time away from my programming.
> >
> > But during those 6 months, I did see a pattern that tended to play
> out thusly (and it matched my prior experience with fellow daytraders):
> >
> > You could tell almost immediately, who had the potential to succeed
> and who was going to fail at trading. It was not any particular
> character flaw. It was not about the ability to learn. It was just
> that certain combination of detachment and "feel".
> >
> > This certain something was much more critical to success than what
> they knew or didn't know. Those that had it, learned a lot, and simply
> got better. Those that didn't, learned just as much (sometimes more),
> but the execution simply didn't come.
> >
> > I liken it to auto racing... either your "reaction time/quick
> analysis/abject fear" ratios are in balance, or not, and you learn
> very quickly if you're blessed with the correctly wired brain, or not
> (hopefully before you get hurt).
> >
> > But then again, you never know until you try... ;~)
> >
> > Why not attend a relevant  trade show and look to see who the
> players are? I hesitate to recommend anyone because it's been a while.
> >
> > Best regards,
> >
> > Gene Pope
>
>
>
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>
>
>
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>
>



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