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Some answers to your questions since I have met some of these people:
1. Dr. Alexander Elder writes books, sells software, offers seminars
and personal coaching/consulting. Anyone know if he trades?
Yes, Dr. Elder trades but it is a minimal level. He has tried and
failed several times to use his trading methods for an advisory
service. I'm not trying to disparage his work (or anyone elses), I am
just reporting what I know.
2. Chuck Lebeau develops systems. I love his writings. Anyone know
if he trades?
Yes, LeBeau trades his various systems, but he is far more successful
at selling his systems. In his case, his clients are institutions
first. Systems that he sells to the average investor have already
been "fully utilized" by LeBeau's big dollar clients.
3. Van Tharpe was apparently unsuccessful in any trading and only
provides seminars now.
4. Ed Seykota, I haven't met him so I cannot make an honest comment.
Bouns:
John Ehlers (MESA and its various incarantions). John is an engineer.
At a session where I met him, he showed his partially successful but
unimpressive trading record. John readily admits that he hates
trading.
I think John Ehlers is a good example of the personality of a system
developer vs. the personality of a trader. Systems development
requires a willingness to program accurately. Accurate programs are a
pain to write, test and debug for the average person. A good system
developer's personality borders on obsessive perfectionism. Trading
on the other hand is a very messy business. A good trader readily
accepts that many trades will fail. Perfectionists do not make good
traders. It is rare for a good programmer to be a good trader. It
simply requires a different personality type.
jawjahtek
--- In equismetastock@xxxxxxxxxxxxxxx, "metastkuser"
<andysmith_999@xxxx> wrote:
> Very interesting post.
>
> Dr. Alexander Elder writes books, sells software, offers seminars
and
> personal coaching/consulting. Anyone know if he trades?
>
> Chuck Lebeau develops systems. I love his writings. Anyone know if
he
> trades? Same questions with Van Tharp.
>
> What about Ed Seykota? No doubt about his trading abilities and
> wealth. So why does he offer a consultation service at Incline
Village?
>
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