If 90% fail, then why do these banks and hedge funds require a damn 4.0 just to be considered? Everyone knows, EVEN mark douglas, author of Trading in the Zone says that education doesn't mean sh-t when it comes to trading. Even engineers, doctors, and other highly educated people fail at trading all the time. So 9 in 10 Harvard, Ivy league grads are going to fail this year. Everyone makes the damn analogy to baseball and how athletes do so well in this business, why not just go out and hire a bunch of football and basketball players to be traders, instead of the smuck who got an "A" on his pointless english essay? Anyone with the disipline, money management, edge, and emotional control can be a successful trader. A stay at home mom could have just as good a chance if not better than the Harvard types.