why do many traders give seminars etc..?

Discussion in 'Trading' started by chipper, Apr 8, 2008.

  1. Read what I wrote. That's exactly what I said. References from people you know.

    The person I learned all my market basics from was a decent trader, not wildly successful but profitable. Now the foundation and grounding he gave me regarding the markets was priceless though and that couldn't be tracked from a P&L statement.
     
    #71     Apr 8, 2008
  2. because they need to suppliment their income. which really means their "system" is not good enough to make a living from. pretty simple
     
    #72     Apr 8, 2008
  3. Actually, if he was a decent, profitable trader, then his P&L would reflect that fact. Further, seeing a trader's P&L over time is not unlike seeing a market's price chart. Useful info. Why would any legitimate seminar promoter who actually trades deprive potential clients from assessing such useful information? Why would he not assist them in arriving at an informed decision?
     
    #73     Apr 8, 2008
  4. I keep hearing things like: "Why bother with 100k when you can make 1mil?"

    Why simple lets say you are a swing position trader and do all of your research and placing of trades in the evening. With your strat you can now easily make about 1mil/year.

    Then you realize that if you charged 5k per seat for a week of training, and taught 20 people in that week every month that would be an extra 1.2 mil/ year on top of your trading income.

    Lets see 1 mil trading AND 1.2mil for providing 12 weeks of training per year? Yeah I'd do it.
     
    #74     Apr 8, 2008
  5. Just you wait until you start trading with real money.

    Sometimes it is better to stay silent than to reveal yourself.

    regards
    f9
     
    #75     Apr 8, 2008
  6. Do you know of any teachers that display their track record on their website ?
     
    #76     Apr 8, 2008
  7. no you didn't. honestly, I can't tell if you are really mentally unstable and truly believe what you are writing or if you are just screwing around. the things you write are so absurd, but I can never detect any sarcasm
     
    #77     Apr 8, 2008
  8. #1 I do trade with real money
    #2. I did NOT say that I am making a 1mil per year...not yet anyway.
    #3 The whole point was IF someone was doing that then they would in effect be able to double the amount of money from trading by also teaching. Yes 1.2 mil from teaching is a nice amount of money for 12 weeks worth of work.
    #4 I have no idea why I typed a response since you have already proven that you have no reading comprehension skills whatsoever. Lets hope you read charts better than words.
     
    #78     Apr 8, 2008
  9. I have not sought them out, si I don't know the answer to your question. However, I suspect that there are few, if any. And by track record, I mean their trading account records rather than a list of their market calls, the timing and accounting of which may be called into question.
     
    #79     Apr 8, 2008
  10. The best teachers ususally do not advertise themselves and are hard to get hold of (as has been mentioned here, they are ususally very busy making money).
     
    #80     Apr 8, 2008