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PureBytes Links
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Yes, you are correct. Take a book like Cooper's hit and run @ $100 a copy
and selling over 250,000 copies he gets a slice of that 25 mil. For a few
weeks work, he gets a good return with less risk.
In a illiquid futures market, giving a "secret" system away could effect its
value, but in the 10,000 + markets in stocks, it has little effect.
Richard Estes
-----Original Message-----
From: Al Taglavore <altag@xxxxxxxxxxxx>
To: diamond@xxxxxxxxxxxx <diamond@xxxxxxxxxxxx>; MetaStock-list
<metastock-list@xxxxxxxxxxxxx>
Date: Tuesday, February 10, 1998 12:20 PM
Subject: Re: Why do trading gurus market services?
>I have queried this many time also. I have concluded that after they have
>made their mark, either with great trades or good books, money is not the
>major factor. Like actors, sports figures, politicians.......it is
>recognition. After you have made your mark, you want others to know what
>you have discovered and developed. Sure, there is an interest in sharing
>for the betterment of traders, but recognition is the driving force.
>Anyone who has attended a workshop by George Lane, Tom Demark, Curtis
>Arnold or Larry Williams, will understand.
>
>Al Taglavore
>
>----------
>> From: diamond <diamond@xxxxxxxxxxxx>
>> To: MetaStock-list <metastock-list@xxxxxxxxxxxxx>
>> Subject: Why do trading gurus market services?
>> Date: Tuesday, February 10, 1998 11:49 AM
>>
>> Things are quiet at the moment, so here is the question of the day:
>>
>> I have read many books written by technical analysts, and I have visited
>> many web sites selling information about good future prospects in stocks,
>> and I have seen many ads concerning a seminar for teaching winning
>> stock/futures trading systems.
>>
>> 1. The one question that always comes to my mind first is, *why* would
>> anyone who was making money on the stock/futures market, need to market
>> anything?
>> 2. If I had a good system, and I was making a good profit every trading
>day
>> of the week, it seems to me that I would be on the computer every trading
>> day making trades. Why would I waste my time doing anything else that
>made
>> me *less money* for my time?
>> 3. Why are these people not rich?
>>
>> (Side note: A man called me the other day at my office and offered to
>teach
>> me a winning futures trading system for only $5000.00. I guess I'll never
>> know if I passed up a bargain or not.)
>>
>>
>> Regards
>> Zane Kori
>> Abilene, TX
>>
>> *exas
>>
>
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