And to put a finer point on it, most of that income should come from actual trading rather than from conducting seminars.Quote from gnome:
Suggestion..
If you're contemplating paying for a seminar, require the promoter document that he's made $MILLIONS PER YEAR over at least a few years.
Otherwise, steer clear.
Quote from chipper:
I read it many times...
"I made X million over X years and i am such a great trader..blah,blah."
Buy my course, sign up for my newsltter, attend my seminar for $2,000+
WHY do they do this? Oh yeah they always say "My passion is to teach..." So why the $2,000+ price tag then? If it's your callnig and you make sooo much money in the markets why not do it for free or give all your profits to charity?
I mean straight away I lose a lot of repsect for these traders. Why waste your tme hawking your methods around and why show the masses how you make money? Talk about killing it.
Good traders should trade. End of.

Quote from TudorJones:
There comes a point in life where trading no longer excites you.
But, what if you can make the process even more fun by getting $9,999.99 from them as well.
Quote from gnome:
Trading should not be "exciting".. like "I'm gonna get rich"... it's more like mining. Process the "ore" and make what you should.
$10K? Pocket change.