Quote from Pekelo:
I agree, his stuff is cheap. 25 hours of video for $250 is a bargain and there are lots of Youtube videos for free.
The reason I call your argument a baloney, because Al probably disagrees with you. None of the books start with a warning, that it is advanced material and only traders (preferably already profitable) with a few years experience should read it. That would mean you are right and it is the college of trading.
Of course that would limit the possible buyers. You are basicly defending an obfuscating and hard to understand material by saying, no, it is not the book, it is the reader...
I think it is the book.... Now personally I believe there is value in his books and videos, but holy fuck!, why does he need 25 hours and 3 books to explain it???
And I also think he (or any guru) should have some kind of test account running showing at least a fairly decent return. It doesn't even have to be real money, but it should be profitable. A system on C2 would be fine and would make wonderful PR for his material...
Of course we have to assume that the account results would be positive...
I really don't care about the marketing aspects, so have at it. For $140 or $250 or whatever, no one has to show you anything. It's a text book. For buck forty what else can you expect?
And the reason the books are so long is because they are chock full of examples. I mean, tons of examples. The guy put in so much effort into digesting every chart to qualify his methods that that alone is well worth the money - even if you are a total novice.
I certainly appreciated the opportunity to see how one views the markets. Even if his stuff doesn't "work" (but that would be like saying the sun doesn't rise), learning what doesn't work is still worth something.
/Wulfrede