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So what would you suggest is the best way to attain maximum credibility in offering a trading sub service ? To have the person running the service actually take all the trades he is writing about or suggesting as good trade setups ? and then to keep a detailed record of P&L over time ?

generally I agree..... thats why I think any subscription service should emphasize big patterns, the real meat of this business... a subscription service offered by a trader whose definite chief aim is to focus on big pattern swing type trades I think many traders yearly performance...

I disagree. Perhaps I will be proven wrong over time depending on what I learn... but for now I like to think that there is HUGE value in essentially hiring another trader for a fixed monthly or yearly fee to notify them when they identify BIG PATTERNS in stocks or ETFS. big reliable...

there are many supposedly great traders who also seem to offer subscription services... why??? Larry Pesavento offers a monthly subscription for $170 a month... Jake Bernstein offers all kinds of subscriptions there are plenty more... but why are they doing it ??? they seem to be...

Is that the caliber of "advice" you envision yourself giving? Not at all. I want to push the limits of value and that is why I appreciate everyone's feedback in this thread. But I need to know what optimal value is in this type of transaction. I have a better idea now. I will offer 30...

from a business point of view wouldn't you want to be at the price that maximizes subscribers at a given subscription rate? I understand about being seen as premium and all.. but there must be a sweet spot on that bell curve of dollar rate versus subscriber numbers.... and honestly from all...

elliottwave dot com takes in millions of fees per year in subscriptions... where is their guarantee ? where is their value ?

Yes, I saw some case study on that before... this guy was offering Ebook for 19 dollars.. and got ok sales,, but then when raised price to 29 dollars the sales numbers skyrocketed.... it is quite interesting that human psychology believe that just because something has a higher price that it...

thanks for this point. But I don't believe there is any guarantee offered by any investment letter, tv investment show, or mutual fund.... this is a risk business... anything can go wrong at any time... Are there services that can improve a traders advantage over time? yes sure there are...

Yes but even if 30 to 40 DO blow up....... that is OK if one takes out of the with very tight stop losses... and then the 5 other patterns turn into 20 to 50% profit winners... could lead to consistent profits over time...

I think most traders do not focus on gartley, butterfly, bat, or crab fibonacci patterns for the simple reason that they are too complicated and time consuming to identify... most traders focus on oscillators, volume, trendlines etc etc..., nothing wrong with that, but they could get a huge...

I sort of agree... but my take on most of these subscription services is that 99% of them are focused on focusing on the trees instead of the forest. They want traders to focus on the day to day hype and then readily collect their monthly FEE and bank it. I suppose it really comes down to...

The fact is though ( I think ) that most trading subscription services do not offer any verifiable track record that holds the newsletter accountable to a specific record... most just offer trading ideas and setups and market timing but no record of trades or annual profit or loss record...

wow. the gartman letter is 400 a month http://www.elitetrader.com/vb/showthread.php?threadid=124901

wow you are tough sale ! :) wouldn't it be worth it if someone delivered 4 to 5 big pattern fibonacci setups to you per year ? those 4 to 5 big patterns could lead to 20% + profit per setup... which could help even out the risk of your shorter term trading stuff. for example LVS was a...

hmmm, well it seems like most don't want to spend a dime here :) I have always wanted to sign up for a service that has a low annual one time recurring fee that provides me occasional trading setups and or advice about the market indices or individual stocks.. think about it... even if...

Hey all, If anyone is interested, I would like to get into a discussion of what the *maximum* is that you would be willing to pay on an annual basis for a trading subscriptions service which offers the following: 1. monthly state of the markets report sp500, gold and silver with charts...

newbie question. why is the bid only 30 cents on the July 5 dollar call for rprx ? RPRX today is trading at 5.73 shouldn't the bid be at a minimum 70 cents since the price is 70 cents above 5 dollars ? http://finance.yahoo.com/q?s=RPRX110716C00005000

Thanks once again. Good Trading to all of you.

No, not the Dec 10 put, the Dec 14 Put.