Most websites/blogs make a pittance from advertising (things like Adwords).
"Hey Xxxxx, why don't you just start a blog"
- Thread starter TSGannGalt
- Start date
Most websites/blogs make a pittance from advertising (things like Adwords).
My point is that these people are enjoying a handsome profit. If the information is accurate or not, they are still making money off of it.
I think Hoffman is a good trader and offers valid advice where as Shannon simply points out the obvious i.e...the market is moving above its 5 day moving average...
You can be an idiot who has never placed a trade or tanked a few accounts, but you can still make great money from a subscription based site or a blog with advertisements.
A person will earn about $70 for every 10,000 hits with adsense. If you have 50,000 hits a day then thats, $350. About 120k a year for blogging. Not bad considering what you would have to do in other professions to make that money.
I think Hoffman is a good trader and offers valid advice where as Shannon simply points out the obvious i.e...the market is moving above its 5 day moving average...
You can be an idiot who has never placed a trade or tanked a few accounts, but you can still make great money from a subscription based site or a blog with advertisements.
A person will earn about $70 for every 10,000 hits with adsense. If you have 50,000 hits a day then thats, $350. About 120k a year for blogging. Not bad considering what you would have to do in other professions to make that money.
Quote from TraderZones:
Quote from 530HudsonSt:
Here are the types of people who post on ET:
1) Known sponsors trying to advertise their business.
...
Thats it. Thats all the people who post here.
highly incorrect. Most of the people who post here are traders seeking social contact, trying to learn or improve their methods, seeking other ideas, etc. etc. etc.
A good blog can actually make you over 100+ grand a year. Lets take Robert Hoffman (SNP500TRADER on youtube). He started off with videos on youtube and then created a blog/chatroom where people pay 300 a month. Say he gets 50 guys to use the chatroom per month. 50X300= $15000 = $180,000 per year. Thats not bad for blogging and creating a youtube video each day.
Looked at his site. Like most, doesn't bother to evidence his trading skills via auditing or even a track record. He can talk all he wants, but if he can not demonstrate his methods work, then there is no reason to pay $300 a month for it.
There is already a lot of sites that offer worthless advice for free
I've decided to help the dude out.
So I won't be posting in ET for a while.
So I won't be posting in ET for a while.