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Originally Posted by :::grimReaper:::
Unlike poker, no one's success can be validated, therefore trading media/education is a lemon market, and such markets deter quality.
A lot of winning players (e.g. nanonoko, Leatherass) made videos. I guess the income they generated was worth spilling insights into their game. After all, in both poker and trading, income scales as far as there's liquidity, but there's a lot more liquidity in markets.
Yeah, selling poker insight, particularly during the boom, was more valuable and far lower variance than actually playing poker. Poker maxes out pretty earlier in liquidity and is always high risk (a downswing can go on for a long time)
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Originally Posted by bodybuilder32
People want recognition and to build a brand/ have an audience. Writing a book is also seen as a milestone or an accomplishment in one's life.
If you were a Rockstar trader, at some point you would retire and not give af if you spilled the beans about what worked for you.
Who gives away multi million dollar edges to randoms? Makes no sense to do. And I think few people are ever satisfied with how much money they have.
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Most people aren't sociopaths who want to just sit alone, by themselves, for years and years and years hoarding up cash and not having any meaningful interactions.
I think you're confusing hermits with sociopaths (sociopaths are generally pretty social). And people making tens of millions aren't sitting alone. There are ways to be not alone that don't involve telling secrets. Why they'd want to give advice to millions of washed up losers rather than start a fund or continue printing cash is beyond me. Most people who make big money and know how to make it would prefer to be low key/anonymous I think, for lots of reasons.