EWATSS® Elliott Wave Analysis and Trade Selection Trading System
- First of all, you do not personally know how well off such writers are; hence you can’t make a sweeping statement like this;
- It is like saying that all great coaches ought to be great players themselves also. History shows it is not necessary;
- Many of such writers operate at the highest ‘Self Actualisation’ level in Maslow’s Hierarchy of Needs - where all the super achievers like Bill Gates, Warren Buffet etc. operate;
- Many of such writers want to share their knowledge with others - as it will not reduce or affect their process of deriving riches from the markets while financially, psychologically and socially further enhancing them through their books etc.
- While good analysis is mastery of observation, good trading is mastery of self - hence such writers can be greater writers than traders. There is no harm in benefitting from their knowledge as analysts and coaches;
- Many of them teach (and they are excellent teachers) as they are aware there is often much more money in trading education than in trading per se.
- Great and/or rich traders may often not have time or be interested in writing books or may be greater traders than writers.
Best wishes.
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