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Trading Forum for Beginning Traders This Forum is for beginning traders who want to ask questions and learn. If you think you might want to try trading, come here to find out where and how to start, and what you need to learn.

 
 
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Old July 31st, 2010, 12:15 AM
vivekbajaj vivekbajaj is offline
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Join Date: Sep 2009
Posts: 17
Default In search of a Guru

We may read all the books we want, join all kinds of forums and purchase all kind of software but there comes a time where all of us (read traders) will need a Mentor.

In my country they are called Guru's literally meaning (in Sanskrit) a person with great knowledge and wisdom who has the ability to give pass his knowledge. Unfortunately the west has twisted the meaning of a Guru. As tradition goes it is the prerogative of the Guru to select his student and not vice versa. Once the Guru accepts the student the process of mentoring carries on till the Guru is satisfied that the person is now transformed to a master or has the ability to become a Guru himself. At this juncture the Guru may or may not demand compensation from the pupil ..........i.e. can demand anything any amount of money,property, wealth etc including his life. As per tradition the pupil who is now a master must fulfill his Guru's wish. The relationship between the Guru and the pupil is life long even after he completes his education

Unfortunately the tradition is almost dead in my country. The Guru demands money before educating and most of the Guru's are fakes as commercial interest precede education. Some of these fake Guru's have traveled from my country and have reached your shores. Beware of them!!

Meanwhile we continue our search for the true Guru.

Regards,
Vivek Bajaj
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THE RISK OF LOSS IN TRADING FUTURES CAN BE SUBSTANTIAL. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. THE HIGH DEGREE OF LEVERAGE THAT IS OFTEN OBTAINABLE IN FUTURES TRADING CAN WORK AGAINST YOU AS WELL AS FOR YOU. THE USE OF LEVERAGE CAN LEAD TO LARGE LOSSES AS WELL AS GAINS. PAST RESULTS ARE NOT INDICATIVE OF FUTURE RESULTS. HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT.