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Generally I try to stay out of discussions of this nature, as it oft
seems to be a chicken-and-egg question. I'll give it a shot one time.
Perhaps my reasoning has a flaw I would like to know about.
Many people read books, buy newsletters, and attend seminars to
understand trading concepts. The presumption that these people would not
be selling information that was worthwhile ( because, as you say "if
your software or system or book is soooo good, why aren't you so wealthy
you don't give a shit about the rest of us by USING IT INSTEAD OF
SELLING IT?") is to say that
Authors like John Murphy, Larry McMillan, Martin Pring, Bill Eng, et
cetera should be avoided.
Seminars provided by Larry McMillan should not be attended.
Newsletters by McMillan, Gene Inger and so on should not be subscribed
to.
Now, I don't think anyone would seriously argue that these people don't
have talents or systems that are worthwhile. Why are they selling the
information? Perhaps because;
-It's profitable (I understand L. Raske, uncertain of the spelling, does
not actively trade any longer. She makes more money selling
information.)
-It's rewarding emotionally.
-In the case of seminars, feedback is available that hones the skill of
the preesenter of the seminar.
-In each of these (Writing books, giving seminars, selling newsletters)
the upshot for the provider is the reult that his/her skills are kept
sharp.
...and perhaps a dozen more. So personally I understand the viewpoint
that "if it's so good ...why sell it". But if you apply that across the
board, what would be worth reading and how would we learn?
--PJS
> Zane,
>
> Isn't the real bottom-line question whether their system works, i.e.,
> makes you some money?
>
> Isn't it possible that a wolf could be there in sheep's clothing who
> really believes he is a sheep? A lot of people who are basically
> in sales have the outlook of helping humanity. Really, it's true!!!
> What does sincerity by itself mean?
>
> He could be just sincerely wrong.
>
> What I find more important is whether I am completely honest, and in
> whatever way I can find out whether my vendor is honest. This should
> include some clue like: if your software or system or book is soooo
> good, why aren't you so wealthy you don't give a shit about the rest
> of us by USING IT INSTEAD OF SELLING IT?
>
> That could sound a bit severe. Some of the vendors could really be
> at this to help others without regard to profit (hah!).
>
> The market is a table where many people are putting down money, many
> others are taking money off the table. Which of them do you belong to?
> Which bunch do you want to belong to? The sellers of books, software
> and systms ARE NOT OUT THERE TO PUT MONEY ON THE TABLE FOR YOU.
>
> You have to be totally honest.
>
> Pete
> petena9090@xxxxxxxxxxxxxx
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