RE: Beginners Questions
(2016-05-01, 01:58 PM)SebForLiberty Wrote: Hello everyone,
I'm just curious to know if somebody can tell me what Stan Weinstein became ?
Indeed i can't find on the internet informations about him, contrary to most successfull traders.
I was wondering if his method allowed him to create a significative fortune.
I mean let's say for example that when he wrote "secrets for profiting in bull and bears markets" in 1988 he was trading 1 million usd on his own account.
If his method produced a 20% after tax return in average, then today he should have something arround 165 millions.
It's just an example, what i mean is that if his strategy is effective, after a such period of time, he should be extremely rich, but i can't find any proof of a such fortune.
Thanks in advance for your answers
He started the Global Trend Alert institutional newsletter, and consultancy service in the early 1990's which still runs today - and you can subscribe to for around $60,000 a year. So, I think he's done alright for himself money wise.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.