karmit said:
one thing which always confuses me is why would a big shot Trader having an extremely successful "Trading System" - waste time in teaching it to others?
(i) For a change;
(ii) To combat loneliness;
(iii) Because they're good at it;
(iv) Because they enjoy it;
(v) Because they get talked into holding courses by marketing companies who want to take a huge cut of the fees generated;
(vi) To develop and build up a teaching business which, unlike their trading activites, can be sold on to someone else as a running business;
(vii) To ensure they have some official earned income to declare, on which they pay income tax, thus ensuring that the Revenue will never be able to tax them on spread-betting profits;
(viii) To raise money for their favourite charity;
(ix) For the same sort of "self-esteem" reasons that make people labour over excellent books which will never show any realistic financial profits;
(x) Because it can be better paid than trading (if you can get 60 people together for a £2,500 one-day course).
I'm sure there are many other possible reasons, as well - perhaps even nearly as many as there are teachers. But some of those were among my reasons, about 10 years ago, for teaching something (nothing to do with trading, by the way) I could have been "doing exclusively" instead of just "doing mostly" and teaching occasionally.
)
