4.10 THE "SPIN"
Experimentally it is found that the basic particles have a “small” and stable magnetic field that is called magnetic moment.
The currently called “spin” of the basic particles like the proton and the electron is directly related to the magnetic moment measured in each particle.
In the new theories presented, the photon and the electron are composed by rings of currents with electric and magnetic forces in a configuration with equilibrium, so it is very well justified that their magnetic field is stable.
We will see now why the magnetic moment is small:
It was proposed that the basic particles like the photon, the electron and the neutrino are composed by rings of currents that exhibit a repulsion magnetic force. This means opposite magnetic fields.
A simplified diagram of the lines of the Magnetic Field in the case of photons and neutrinos can be seen in the figure:
And a diagram for electrons and protons can be seen in the next figure:

The problem that arises here is resumed in this question: What is the average magnetic field seen from a relative large distance?
I made a simple experiment with two small disks magnets from audio speakers: If we pass one of them near another relatively strong magnet we can feel the attractive or repulsive forces (depending on the relative position of them) that act between them. But when the two small disks are brought together with opposite magnetic orientations, we need a force to maintain them together and quite no force is felt while passing them around the external magnet even very near of it. The “external” field seems to vanish, the “internal” field continues relatively strong.
What this experiment show is that even if the “external” field seems to be very small, “internally” a strong field can be present. This can be understood if we admit that quite all of both of the magnetic fields are confined to a small region around the rings. “Outside” (greater distances) only the weak lines remain.
And this explains why the magnetic moment is measured experimentally as a very weak magnetic field while strong fields are needed to join the positrin and negatrin rings.