I'm sorry but, Don Miller seems like such a fraud

[Pekelo]

Quote from Eddiefl:

His pysch talk about the market is the real deal, so who cares if he can sell a coffee cup to some rookie.

I agree about the inspirational part. But if that is the case he should be selling his services as motivational speaker and not trading mentor. As long as he labels himself correctly, everything is fine....

The cups and T-shirts are probably for PR, it is basicly free advertisement. He can get newbies who saw someone at a barbecue in a Jelly T-shirt, stroke up a conversation and eventually ended up a paying costumer.

As you said, he is a pretty smart entrepreneur....

 

[Eddiefl]

Quote from smilingsynic:

A good trader (not even a GREAT trader) would have to acknowledge that being a vendor--running a trading business (books, courses, websites, and such--is an unproductive use of one's time.

A good trader would know that if one has an edge, then one can increase one's size. A good trader would work on THAT, not on vendor stuff.

For a good trader who trades a highly liquid product, the sky is practically the limit. The ceiling for vendors is comparatively lower.

Some traders may write books for other reasons (for ego, for personal glory). That to me is not a worthwhile cause, but to each his own.

EDIT--some good traders have produced good stuff. Al Brooks is one. Lawrence Chan is another. But other than that, I don't know.

You got good points, no argument here. To each, there own.

Other books from great traders: Soros, Lewis Borsellino, Marty Schwartz. Ed Seykota (pamphlet),etc.

I think at a certain point they think about legacy and what they will leave behind. Soros, Borsellino didnt write thier books in thier 20s or 30s but once they were established nicely. They wrote them in thier 50s-60s, pretty much around Millers age.

EF