So I met a trader who is a friend of a friend and he told me that he has consistently produced min 50% each month for the past few years. I didn't believe him until he logged onto his live fx trading account (I know it was real because the account statement showed withdrawal amounts)...plus he drives a really nice Ferrari. Where does this trader stand in terms of the trading food chain? Top 1%? He also mentioned that he does this with no more than 20x leverage which he says is the reason he rarely gets emotional but more importantly, has never suffered BIG losses which he kept telling me is the real sign of a great trader. Anyone else with these kind of stats? I would love to hear your thoughts on reasons attributable to your success.