1.1. What the brokers think
Over the years I have talked to several brokers who have sight of their customers’
accounts.
What people say in the trading rooms and at business dinners is that very few
accounts operate in the black and many of them are not destined to be profitable in
the long term.
These observations certainly do not encourage anyone to start out or to continue as
a trader.It is often commission that makes a trading model inefficient, or over rigid automatic
systems, or the emotions of the trader who uses his discretion. However you look at
it, it seems there is always something that goes wrong, for the majority of
professionals, private individuals or for the often ill-prepared people camping in the
land of gold, on planet trading.
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