Jesse Livermore had a similar experience some 70 years ago. This is how he described it:
‘I was at a dinner party one evening and was seated next to a man who had heard that I was in Wall Street. Ar one point in the conversation, he asked if I could tell him how one could make some quick money in stocks. Without answering the question, I asked what business he was in, and he said that he was a surgeon. I then asked if he could tell me how one could make some quick money in surgery.’
So the next time you attend some seminar asking you to sign up and be a professional trader on whatever exchange, make sure one is prepared for the possible benefits vis the RISKS.
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