Is it a coincidence that Scott Carney and Scott Warner's names are identical except for two letters and both believe in geometrical mumbo jumbo with no verifiable track record? thoughts on harmonic patterns? | Elite Trader
%% Good tough question. IF we can buy a new Jack Schawger top trader book for $50; why pay 10 times for that unknown?? Google search turned up nothing of help. Stock Traders Alamac sells for less than $50\much less when aged.
That is complete nonsense. The reason you buy now is to make use of a particular asset whether it for pleasure or to make a profit off it. If you deem the ideas in the the book as profitable opportunities why would you wait 10 years for the price to drop 55% and miss out on all the profits you could have made in the interim . Deflation is not a problem since the Great Depression. Politicians and liberal economists say deflation to convince the masses that governments can spend endlessly without inflation.
Just because he made huge profits, you purchased those books. Interesting! Now what if you are not able to earn good, what are you going to do with those books?
There zero evidence the author made any trading profits, let alone huge ones. At least no evidence in this thread. He made some profits from his books, though.
I've sold physical and digital goods online. Based on the social media channels/trading sites he was on plus the huge profit margin on each book, it's all but guaranteed he made some profit.
Oh so you are know he has a huge profit margin on each book too. So how much did you make and what was the profit margin on your beanie baby collection?