John Carter reflects on his $5M week trading Tesla spreads

I just noticed that site makes $1 million per month from memberships ($200/month x 5000 members). This explains a lot.
Now the question is: Where are their customers’ yachts?

Why is the size of his trading account less than $10m when he is making risk-free $1m per month from his students? I would expect a successful trader to have a much larger account size if he's earning risk-free monthly income of $1m.

If I'm a potential student/subscriber, this is the question that I will ask him.
 
Why is the size of his trading account less than $10m when he is making risk-free $1m per month from his students? I would expect a successful trader to have a much larger account size if he's earning risk-free monthly income of $1m.

If I'm a potential student/subscriber, this is the question that I will ask him.



The website says they provide many traders as educators, so it’s not just one trader.
Though of course you can find another argument against them in 5 seconds :)

I’ve actually been wondering if educators who make money are such a bad thing, because on another hand so many people look for good educators. How would you evaluate them?
 
The website says they provide many traders as educators, so it’s not just one trader.
Though of course you can find another argument against them in 5 seconds :)

I’ve actually been wondering if educators who make money are such a bad thing, because on another hand so many people look for good educators. How would you evaluate them?

I don't know how to evaluate these trainers because I don't even think about trying them. It is much cheaper to learn from books and websites and forums like elitetraders. Pretty dumb to pay thousands when free resources are available.
 
Back
Top