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Trader Meetups (Part 7)

Yesterday I mentioned that all trader/investor meetups in my area have been organized by people with commercial interests.

In this regard, a “Meet & Greet/Business Card Exchange” (see here) would be useful for the organizer because every attendee is a potential new customer.  While it sounds like fun people and good cheer, the event threatens to distract me from the real focus unless it provides something more.  At the risk of sounding repetitive, my real focus pertains to the laborious work mentioned here.  Mr. Market doesn’t give one iota about networking or good cheer.  It’s actually a little-known secret that Mr. Market will eagerly take my money if I mistake too much good cheer for a means to consistent profit.

Can I find someone able to help me become a better trader through this networking event?

The deck is already stacked against me in finding other traders with whom to work (see here).  This particular event was a joint production of Power Trader Investment Group (PTIG) and Metro Detroit Business Networking Group (MDBNG).  Only two people RSVP’d from the former and one of these was the organizer (of both groups).  Recall that I already attended a PTIG meetup (as described here), which provided little more than yummy chocolate chip cookies.  The organizer runs a subscription web site.  If he were interested in anything more than my business then he would be have been trying to get inside my head like everyone does (and vice versa) to find out what I know about trading rather than simply representing himself as a professional guru.  This leaves just one RSVP from PTIG:  a beginner I already met.

I believe any serious traders involved in MDBNG would be involved in PTIG.  Why waste time associating with a variety of entrepreneurs when you could associate specifically with traders?  Since PTIG didn’t help me and MDBNG probably lacks traders, I estimated the potential utility of this Meet & Greet as slim-to-none.

Comments (4)

[…] main theme of yesterday’s post was that while a Meet & Greet sounds nice and full of good cheer, I need something more to […]

[…] main theme of my last post was that while a Meet & Greet sounds nice and full of good cheer, I need something more to […]

[…] to trader meetups.  I weighed potential pros and cons to one particular networking meetup in part 7 and decided the chance of being useful for me was slim to none.  In general, although I believe […]

[…] company, and a financial planner in the past and every time I have encountered a potential/likely conflict of interest. While I got little/nothing out of those Meetups, the organizer always found some potential […]

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