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Read some time ago that a colleague of Jake Bernstein's (has books and
services all over the place) who worked with him for a few years as a
commodity broker said that Jake never made money in his own account. I
think that's quite common. Wade Cook Financial which provided all sorts of
get rich schemes with stock market trading strategies had a small but
elegant office building near where I used to live, and owes lots of back
taxes around the country. If you go to their web site you will find that
they have filed for bankruptcy and are no longer offering their pie in the
sky seminars. If you can't make money with your system, sell it!
Jay
>From Commodity Trader's Club News at http://www.webtrading.com/issue06.htm
The 'Best' Ways to Make Money - Dr. Satish Arora
It took Bob Buran 6 years to make 1/2 million dollars trading futures. I
believe he then made 5 million dollars selling his Grand Combo/Trabos
Trading System in 6 weeks!
Larry Williams made millions teaching people how the commodity market works
and his hotline (he charges money for this service) made $27.00 per trade.
Jake Bernstein made millions selling books and hotline 900 numbers, but his
track record stinks.
George Angell, Welles Wilder, Stanley Kroll, Bruce Babcock, Futures Truth,
Futures Magazine, Dennis, Andrews, Lou Mendelson, Quote Services, Investment
Educators, Charles Chen, etc. They all made money selling books, magazines,
hotline subscriptions, etc. In my opinion, none of them have anything worth
a dime.
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