I am going to disagree just a bit here Pizza… not that the info isn’t freely available, it is. Sometimes putting the [I]correct[/I] info together into a viable trading methodology is the hard part. Sure, given enough time and effort many are able to become self-taught trading geniuses. Shortening the steep learning curve, however, might enable a dedicated trading novice to become profitable much, much sooner. The expense of paid teaching could accelerate the profitability and thus pay the cost of learning many times over.
There is a trader here at BP that appears to be successful – to keep it generic I will not mention him by name. You can read this trader’s posts. They cover everything there is about his methods. Still, they were confusing, even to me, someone who has been trading for many years. There are videos of his methods available. There are links to free resources to his methods, provided by this trader, saying, essentially, everything is here and everything is free (even he agrees with you to a point). There are ongoing discussions about this trader’s methods – all free. Ask a question and he will answer. There are also paid “lessons” of a sort for those who wish to use them (not advertised on BP) which include watching the guy trade live and explaining, step by step, what, when, where, why and how. Not because the info isn’t freely available – he gives it to you – but just to help accelerate the rather steep learning process (and make a profit – I didn’t fall off the turnip truck yesterday).
I have not taken advantage of the paid services this trader offers only because I was, after a lot reading and chart time, able to put most of the pieces together. Had I taken advantage of them, however, that learning curve may have been greatly reduced enabling me to profit from these methods sooner. Unlike me, a trading novice would have an even tougher time of understanding this method because it is quite counter-intuitive.
Because I haven’t taken advantage of these paid services, to be fair to your point, I may not have learned damned thing so I hope you are happy. I have confused myself:56: