Why Markets Turn

Q. "Who are you? I've never even heard of you."

Answer: You've never heard of a lot of people!

Sticking with what's familiar to you, including authors and celebrities you've heard of has gotten you nowhere! The fact that all this is new to you is actually great news!

Consider this. If what you hear is true, that the majority of traders actually lose money then the people you've heard of are NOT telling you the truth, NOT teaching you the skills you really need to make a profit, NOT teaching you how to PREDICT the markets instead of following it and NOT telling you why markets turn.

Second, I don't want to be "known" or famous.

I had the limelight in other industries before. I became the target of competitors. It was a constant battle I was on the defensive all the time. Sonny Bono tried to teach this to Newt Gingrich... to get to the top its all offensive, but once you get to the top its all defensive. I don't think Gingrich understood Bono.

It's like a bucket of crabs. Put a bunch of crabs in a bucket and you'll soon see one crab eventually crawl over another to reach the rim of the bucket, but just when he's about to reach the top and crawl out... another crab grabs at him and pulls him down back to the bottom of the bucket. The result - nobody gets out!