Date: February 6, 2012
By Mike Bellafiore
New traders frequently think that learning from the most talented traders is the best way to learn. On the contrary, new traders should seek the best teacher. There is a difference.
Think about it. Who are the best professional coaches? Were they preeminent players? Phil Jackson is considered the finest NBA coach yet was not a superstar player. Coach Belichick played Division III college football but is a brilliant NFL coach. If the top coaches were not the best players, then why do new traders look to the best traders for mentorship?