Question:

I came across your site by chance and was quite impressed with the questions and your responses. Besides admiring your genuineness and care for the questioner, I also pick up information and learn from the experiences shared on your site. I think this is a great contribution you make to the industry in general and people like me in particular. Thank you.

I am a neophyte – I swing/position trade stocks only (at this time) ,and although I check the fundamentals I rely mainly on technical analysis. How do I go about seeking a mentor? What is involved ? Am much obliged for any advice you provide. Thank you again.

 

Nelson, Nicethought, CA

 

Answer:

Thank you for your compliment. I appreciate it. Beyond that, you touch on something I want to promote—that you learn something from the both the answers and the questions. Socrates utilized questions and answers to develop knowledge. He understood that knowledge builds in a series of accretive steps. One question and answer leads to another, and so on. This is what I am trying to do here. The fact is that sometimes people know something is missing from their trading, but they don’t know how to find the question. This column helps with that. So, those of you who have thought about asking a question tap that keyboard and ask it. It not only helps you; it helps others as well.

As to the mentor issue, I receive many questions about this, and that has prompted a thought. What if we could tap the knowledge of those on this site who are smarter than us? What if we could set up an online mentor program right here on this site?

Are any of you really smart traders out there interested in sharing your knowledge one-on-one with those who would appreciate your guidance? If so, let me know either by emailing through the “Ask Trader Ed” button or by commenting on this column.  Let’s see what we can do.

Thanks all …

Trade in the day; invest in your life …

Trader Ed