Can someone give a brief answer to this please? Thanks. Also, I keep hearing that no futures trading firms will hire you (nor will anyone else fund you) if you are an outright directional trader. It's spreads or hft. Quote from another thread: "No one is going to give you money to guess market direction." Why is this? Do they think directional trading can't be done, or is it that they think it's too risky? Just curious as I found it surprising, considering that all trader education is focused on teaching you to predict market direction.