Why trading coaches ask for money if they are profitable when they trade??
Let me tell you a story about a giant ship's engine broke down and no one could repair it, so they hired a Mechanical Engineer with over 30 years of experience.
He inspected the engine very carefully, from top to bottom. After seeing everything, the engineer unloaded his bag and pulled out a small hammer.
He knocked something gently. Soon, the engine came to life again. The engine has been fixed!
A week later the engineer mentioned to the ship owner that the total cost of repairing the giant ship was $20,000.
"What?!" said the owner.
"You did almost nothing. Give us a detailed bill."
The answer is simple:
Tap with a hammer: $2
Know where to knock and how much to knock: $19,998
The importance of appreciating one's expertise and experience...because those are the results of struggles, experiments and even tears.
If I do a job in 30 minutes it's because I spent 20 years learning how to do that in 30 minutes. You owe me for the years, not the minutes.
While it might seem that a trading coach is charging for a brief interaction, the fee encompasses the years spent mastering the craft. It's a small price to pay for tapping into a reservoir of knowledge that can significantly impact a trader's success. The lesson here is that the value lies not just in the minutes of consultation but in the years of expertise that make those minutes impactful.