I need to get this thread focused again. The point is not that "trained traders" survive, it's that crooked brokers destroy good traders. A broker simply won't tolerate somebody beating the markets consistently.
I am not talking about stupid news trading either. That is a cheap shot. I'm talking about guys that don't trade the news, and still make big bucks.
I am not talking about stupid news trading either. That is a cheap shot. I'm talking about guys that don't trade the news, and still make big bucks.
Dislikedi'll make out of this another analogy: if 100 people tried ti swim 10 miles acros a sea, with no turning back, only those who trained will make it on the other cost.
Leaving this behind, i think the big problem is in the "head" of the trader, not the broker.
Ps. i saw here, on ff, a weekly statistic of positions on eur/usd from a retail broker. 90% of traders were long and that week eur/usd went down, all week long. so, is this the broker's fault?Ignored