The ones selling advice are doing so because they were the ones lucky enough to survive and smart enough to realize that selling advice is more predictably profitable than playing the market.
Don't be so quick to judge. There are plenty of guys out there that trade their own money as well as have services on the side. The investment service field is lucrative to proven traders because it is much less volatile and risky than their current proffestion.
Brian Shannon is one example (alphatrends.net). He sells books and seminars but he also sticks his neck out there and actually admits when he's wrong.
Don't be so quick to judge. There are plenty of guys out there that trade their own money as well as have services on the side. The investment service field is lucrative to proven traders because it is much less volatile and risky than their current proffestion.
Brian Shannon is one example (alphatrends.net). He sells books and seminars but he also sticks his neck out there and actually admits when he's wrong.