economics of publishing of a quant trading book
just to help out the quant trading book authors out there ( as many author’s don’t reveal the actual numbers , I’ve asked many , all that I get a response is not bad/ohk/sales are picking up/down etc. ) , here are the numbers behind self publishing of a quant trading related book.
firstly , the book Anatomy of $SPY on First Trading Day of the Month might be very specialized , as it is useful ( I think , am not sure about the readers , they may think it is useless for the entire decade too !) for only , one trading day in a month and that too for the traders trading $SPY , so a wannabe author might want to interpret and extrapolate the numbers presented below , in his/her stride …
- Published date : 4 Nov 2013
- Book Size : ~75 pages
- Effort taken for the concept and writing and editing : roughly 25 working days say 200 hours
- List Price : $ 24.99
- Royalty received for the first month : $234.38 (woo hoo !! )
ps: there is 100 USD /100 GBP/ 100 Euro threshold for the authors from India , hence the numbers from UK / Europe and Alaska 🙂 are not included .
I’ll update after a quarter again , if that helps the would be quant trading authors to decide about the economics in writing a book , feel free to write to me by commenting here , if you have any further questions … ( but sorry I can’t help you , if you are looking to write How to date Avatar-2 etc ..)