Quote from John Merchant:
Odd. No, but I would be pleased to be Jack's editor, since he can't write worth a shit.
I was going to reply to Jane a few pages back.
Jane's comments on book sales may be true for the market she addresses but I think the basis of publishing divisions of corps or corps that specialize, run the same. They have a go/no go approach I find and they knock them out like dominos.
My guess is that John is speaking out of school and if he had done his homework he would find that I write to the standards of the particular given field and always by specific invitation (the go of go/no go).
Knocking out books is not a great effort nor a long one per effort.(two months down to two weeks)
Sales are utterly unpredictable in my experience. Sales come in three sizes in my experience: They blast (6 digits in a few months); they are steady (5 digit level for 10 years); or they keep the reference shelves full (stolen book replacement level plus institutionalization level set for courses) I have only experienced sales in a few volume ranges they are not related to Jane's values or apparently the financial industry's ranges.
A paperback these days comes off discs right into camera ready ilustrations included... no more than 5 bucks a pop off the presses. No volume requirements to speak of.
The reading part of trading brings out a unique characteristic of humans that is very important: PONDERING, a multistep process.. At RPI, they are deeply into this. There, robots, these days can do well what humans do in reading and pondering. You can read about the reading on page 26 of the latest alumni magazine. We finally reached the point that on campus that you pile up the books; have robots read them and then just get on with the trading.
You can imagine that setting up a book to take a person through the logical sequence to expert trading is not much of a task. The reading part is where the rubber means the road. The commentary on the books here is prima facia on the high failure rate of reading.
Suppose a person read and comprehended the five books I recommended to chicken little*... would any person then be able to get to learning to trade, even get to learning about trading reading?
The reviews and judgements here are more about the equipment of the reader than the writer. There are only two rock bottom issues on the table for learning to trade: focusing and capably recognizing the truths needed to trade and, then, succinctly combining such into a mental capability to operate in what is encountered in the market.
Cognitive Science is the name of the game.
* He crapped out just wanting someone to do something for him; the books he could have discovered are:
1. the self healing human
2. the wizard within
3. Knowing how to know
4. first, break all the rules (do the test right off)
5. Now, discover your strengths.
As an OT, read Biological Transmutations to see how part of the world addresses a class of problem( it is my orientation to food production with or without soils)
There is a little intrigue here; you may be sitting in a place where you have found out that there is an unlimited supply of money of available all the time and which you have the potential ability to control the transfer to you if you get around to the thought processes for doing it.
