first he thought the reason for his failure was his account was too small. Now he thinks it was he just didn't have enough education. The only thing he knows for sure is that he loses, he just loses.
I dont think he has ever placed a live trade in his life and apparently he lives with mommy and daddy to have the time he has to make up those stupid flyers and post them every 5 minutes on the internet. The guy seems to not have much to do but put others down and show his arrogance which ususally means the person is a loser but needs to act like they know what they are doing to try and save face.
yes, he lives with his parents, that's a given. But at one time I think he had a real account and lost his 2k inheritance from his dead Uncle, and has never recovered. All he knows is he lost, he just lost.
I am firm believer of higher education, I have earned two degrees and the diplomas cover up the holes in the wall where I pounded the keyboard into it after three losses in a row one day last year. Otherwise, I would have had to buy some cheesy picture of goldfish or oddball tree in a meadow. I am not saying school is waste of time, we all know it is there to reduce the masses for the most part, cause it still comes down to On The Job training for the most part. But how many times you see some guy/gal at Starbucks with a Masters asking you if you want a venti or a tall? School is great place to network, but whether it will lead to much more, very seldom. You can acheive an incredible life in America by working your butt off, but if one is waiting for gifts from others, you have already lost before you have started.
college is a place where your parents send you after you graduate from high school to keep you out of trouble for four years and make some connections. I'm all for student loans, but just like a house, you should be required to put 20% down. You work at the fast food joint or the factory for a few years saving up enough for a 20% down payment on a student loan, and you will take it a lot more seriously. Doubt anybody there can teach you how to trade. If they were successful they wouldn't be employed. The goal isn't to get a job, the goal is to not need a job.
Here is an interesting article: Working for a prop trading house http://news.efinancialcareers.com/53545/working-for-a-prop-trading-house/
Here is another interesting article on trader salary: Financial trader : Salary and conditions http://www.prospects.ac.uk/financial_trader_salary.htm
Here is an entry level trader salary Graduate Trainee Financial Trader http://www.graduate-recruitment.co.uk/job/graduate-trainee-financial-trader-jobid-64918
the one big thing that pees me off about finance jobs are they are all in London (UK) and that's a place i would not live. Seriosuly you'd need £100k pa. to get bye there. (all those jobs offerign £25k in London.....it can't be done) Not a place I want to bring my family up in. So it kind of limits me.