How much do traders that """teach"""

>>1617908
I don't know, but I have a former in-law that slaved away in MLM for 30+ years making not much and then started selling motivational and instructional bullshit to MLM people and promptly made millions.

stocks trade on hype and perceived value. you can do algorithmic trading, but that's just analyzing indicators which affect perceived value. if you want to sell, hype Hype HYPE.

>>1617908
>I have a feeling that they make more money off selling extremely overpriced books and DVDs than they do off actually trading or investing
The fact they're selling systems at all should answer your question.

>>1618004
Exactly. If they actually had a profitable business model in sales that wasn't "educational" material, then they would have an actual business with real employees.

People are so fucking stupid on /biz/ thinking there are easy ways to make money or get rich quick ideas. They don't exist. The vast majority of people on here would just be better off getting actual jobs.

>>1618035
>The vast majority of people on here would just be better off getting actual jobs
Hard to argue with that.
But it's a tough sell for twenty-somethings who want more than a 30 year grind. The temptation to believe there are better ways must be overwhelming.

>>1618035
>The vast majority of people on here would just be better off getting actual jobs.

There is nothing wrong with investing in safe companies over time to create an income when they are in there later years.