True that, and you left out psychopaths. Our industry is full to the gills with narcissistic psychopaths and other deplorables. But that is irrelevant to my point. Without some industry experience and/or academic background, a would-be independent trader has little chance of success.
Does anyone listen to TheDawn? Does he have any followers? I can't tell, he seems to have blocked me from reading his profile.
Comparing Forex with stock trading is like comparing apple to orange. Comparing free comm in Forex with free comm in stock is like comparing apple to orange.
Hello Darc, You have asked a very very good question. I honestly have no answer for you. I am against giving trading advice as I have no real money track record of +1 years to validate what I say will mean you any good. I honestly wish I worked on the ES trading floor with actually floor traders back in the day.
Y Yes you are right. I was employed by some tycoon at an institution for a while. I didn't like how everyone worshipped one guy on the desk and the office was way too expensive and NYC isn't even a nice place to be
Anybody remember Mr Market (Ernie)? He is HUGE! https://www.elitetrader.com/et/threads/53-consecutive-profitable-trades-of-15-or-higher.10172/
it's in my profile: Currently private trader. Retired professional bond futures trader with independently audited average per annum return of 21.74%. Trading 6,170 round turns per million per year.