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Andy,
It may be just a matter of perspective. Calculating the rewards for
an instructional seminar you need to realize that there is a great
deal of reward with little risk. On the other side if the seminar is
free and I charge you for the tools, I can reap larger rewards with a
little higher risk. Compare this then to the risks/reward of trading.
You mentioned also a weekend event. The markets are not really active
over the weekend. This could be a great way to supplement income at a
time when you might not otherwise be capable of doing so.
I once calculated the rewards for a seminar that was conducted in
numerous cities over a two week period. The per registrant income was
only $120 but when you calculated this over the two weeks and figured
the number of per day participants minus expenses the income exceeded
$50k. Not bad when you figure this could have been done during a
vacation from work.
Preston
--- In equismetastock@xxxxxxxxxxxxxxx, "metastkuser"
<andysmith_999@xxxx> wrote:
>
>
> I have grappled with this for a while -- have asked friends,
traders,
> my wife -- no satisfactory answer yet -- so I'll try this forum.
>
> I've attended seminars in the past where the instructor impresses
the
> audience with how great life is for him (never encountered a female
> instructor yet), how much money he makes (one guy went on and on
> about how much he spends on sushi) and so on. Yet he is spending
his
> weekend in a stuffy hotel hall teaching trading basics instead of
> spending time with his family or flying his lear jet or eating
sushi.
> Why?
>
> I've also come across traders who claim they are very successful
BUT
> want to sell their knowledge/tools to others. Same question: why?
>
> The only answers I've been offered is "I want to help others be
> successful like I am." I don't buy that -- charity is free, not
> $1,999.95.
>
> Please enlighten me.
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