No, it can't. Average people cannot succeed in anything. high school or university: they teach exactly the opposite things and way of thinking required in profitable trading.
I've yet to meet a successful trader that is "average", but blue/white collar background is irrelevant.
really ??? i thought i ve read somewhere, that in the USA are living the most millionairs...... maybe bcuz there are the most traders, also.... ????
Singapore has the most millionaires per capita, something like 17+% http://finance.yahoo.com/real-estate/article/112859/millionaires-world-singapore-businessweek
singapore the fine city.... that does not count, it is just one big city. you can not compare that to masses of people living in the USA, or in the West Europe countries. i still think USA have the most millionaires. And it always was easier to make your american dream in america, wasnt it ??? There are just more opportunities. For example in Europe, people are much more conservative in a lot of things, like jobs - you ve to learn some proffession and work until your are 66 and then you can finally retire, if you dont die on a hearth attack before..... But things changing...thanks the internet....we are having 2011, and next year will be armagedon by the Maja Alien Asteriod Ufo - conspirancy, anyway..... I vote for USA, USA, USA, USA, USA ..........
there are tons of successful traders with a proper college degrees making more than $50K per month in the house. U should work in the house and go figure small trader. P.S There is barrier to entry to work in the house with a proper qualification just like a medical doctor wants to work in a hospital or a lawyer wants to work in a law firm.
Average people sucks. They are just stupid sheeps, controled by the mass media, everybody knows that (exept the sheeps). Average people are average loosers everywhere, thats the average. you could build an index about that. they always were average, they are average and they will be average, forever - loosers. They have no individuality, maybe they think the have - but they dont. they just want to be normal like everyone else, bcuz they are so afraid about the bad dangerous world. Just put on your tv, hahahaha. To succeed in trading, you must be totally crazy, insane, mental no on the right level, totally out a space. Thats the skills you need. cheers
Intelligent human beings can learn everything needed on their own, but I am not trying to negate the value of a college degree. It is the knowledge that is ultimately the key factor, though, and one only needs to have that verified if one is seeking to work for others.