Pabst Article On Yahoo Finance

Quote from Brandonf:

Actually advanced stuff is very hard to use for selling. If you can put together some basic stuff and communicate it in a way that will make sense to a person you will make a fortune. How basic: :This is technical analysis, this is a bar chart, this is a candlestick chart, this is support, this is resistence. If your able to come up with something long winded and explain those things you can package it into a $200 course and sell hundreds of them every single week. Then you take the people who buy your course and you can sell a certain percentage of them into $1000 seminars, and a certain percentage of them into $10,000 "personal coaching" packages. Of course in the meantime you can also be charging $100 or so for a newsletter and a private message board service on your site. You get into the more advanced stuff when they pay you, not when they read you for free. There is no sense in giving away a cow if you sell milk.
There is no money at all in catering to the advanced to intermediate trader as your first level of client on the retail level, at least in my humble opinion. The above was not exactly my business model, but it is the business model of a lot of people making mid seven and in some cases low eight figures selling things to traders.
Brandon, your point is well taken. But it begs the question: Where are the customers' yachts?

I do not dispute the vendor marketing model. Evidently it works, and it works very well in the hands of some vendors. That they may not necessarily be providing much in the way of value while raking in some serious money may be a dream come true for some people, but not necessarily for others. However, an honest assessment of the content in Pabst's article does not yield flattering results. I never suggested he won't make money with his enterprise. Rather, as a trader exchanging views with other traders on these boards, I think we can all agree that Pabst added nothing to the existing body of knowledge already in the public domain. It's just another in the long line of "me too" articles. That was my principal point. Perhaps Pabst will add some genuine value down the road to his "gold level" subscribers or whatever, but presently I am merely calling generic content for what it is among ourselves. Fair enough?
 
Quote from marketsurfer:

only simpletons and posers believe that the complicated and novel is superior to those who can make the complicated simple.

surf
Are you wearing your doofus hat again? Reducing the complex into simple terms is the height of elegance. However, this has nothing to do with the discussion at hand. We are addressing content and the complete lack of it in any original form.
 
Quote from killthesunshine:

thunderdog does tend to critique rather than offer original material
I have made it clear both in this thread and others that I have no intention of sharing original (proprietry) content. What I am doing is simply identifying generic content for what it is. Tell me, KTS, if you have been trading for a while and have already read some trading literature, what have you learned from Pabst's article that you did not already know?
 
Quote from Thunderdog:

Are you wearing your doofus hat again? Reducing the complex into simple terms is the height of elegance. However, this has nothing to do with the discussion at hand. We are addressing content and the complete lack of it in any original form.

So you see a glut of insights like this? Do an ET search on the ISEE and you'll see that i'm probably the only person here who has mentioned it. Yet it's a VERY useful tool-used by discretionary fund traders and something that enabled me to do extremely trading ES on the break.

http://www.tradingmarkets.com/.site/options/how_to/articles/-77152.cfm
 
Quote from Pa(b)st Prime:

So you see a glut of insights like this? Do an ET search on the ISEE and you'll see that i'm probably the only person here who has mentioned it. Yet it's a VERY useful tool-used by discretionary fund traders and something that enabled me to do extremely trading ES on the break.

http://www.tradingmarkets.com/.site/options/how_to/articles/-77152.cfm
I try to limit my comments on what I know. I have never traded options and have no intention of doing so any time soon. Therefore, I am not qualified to comment on your options-related material.
 
Quote from Thunderdog:

I try to limit my comments on what I know. I have never traded options and have no intention of doing so any time soon. Therefore, I am not qualified to comment on your options-related material.

HALF the articles I wrote are on options DOOFUS.

So in other words you're so friggin' duplicitous that you pollute my thread with inane comments that my articles are banal and unintellectual when by your own admission you don't even UNDERSTAND some of the subject matter?

I was too generous in not thinking that your motive here was a grudge based on our political differences. Now I know that to be the case. Actually EVERY flamer on this thread opposes my political views. Too funny that a libertarian anti-Obamaite is the odd man out on a trading forum.
 
Quote from Pa(b)st Prime:



I was too generous in not thinking that your motive here was a grudge based on our political differences. Now I know that to be the case. Actually EVERY flamer on this thread opposes my political views. Too funny that a libertarian anti-Obamaite is the odd man out on a trading forum.

That's why I never set foot near the political forum when I was still selling stuff :)
 
Quote from Pa(b)st Prime:

HALF the articles I wrote are on options DOOFUS.

So in other words you're so friggin' duplicitous that you pollute my thread with inane comments that my articles are banal and unintellectual when by your own admission you don't even UNDERSTAND some of the subject matter?

I was too generous in not thinking that your motive here was a grudge based on our political differences. Now I know that to be the case. Actually EVERY flamer on this thread opposes my political views. Too funny that a libertarian anti-Obamaite is the odd man out on a trading forum.
I do not normally visit any other trading sites. The only articles of yours that I have read were the ones for which someone, invariably surf, provided a link. As a matter of course, if any material has to do with options, yours or anyone else's, I simply skip it. In this thread, I refer to the stuff I have not skipped and, specifically, to your latest noble effort. I never said that your articles were "unintellectual." (Although who am I to argue with your assessment?) However, "banal" (your word) is right on the money.

Maybe your options-related articles are in stark contrast to the banality of your other articles. I couldn't say. However, if I had to bet a dollar, I'd guess you haven't broken any new ground there either. Perhaps a few options traders would like to weigh in and comment on whether they learned something they didn't already know.

As an aside, Pabst, I find it fascinating that you would revert to your usual thuggery even in a thread that might have some marketing value for you. Perhaps it has something to do with the self-sabotage concept that you touched on in your article? Regardless, you are one complex carbohydrate.
 
Quote from Thunderdog:

I have made it clear both in this thread and others that I have no intention of sharing original (proprietry) content. What I am doing is simply identifying generic content for what it is. Tell me, KTS, if you have been trading for a while and have already read some trading literature, what have you learned from Pabst's article that you did not already know?

maybe you have nothing of 'proprietary' value to say so you critique to make yourself feel valued?
 
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