Looks like you haven't got the point Yet!
I may be wrong, but my belief is no any truly successful FX futures trader would have the right of constantly belittling spot FX traders (or any traders), no matter you think how stupid or smart they are.
There is another forum for "Financial...
LOL. How many figures of your returns in % (say 100% is 3 figures) did you make, as a great FX futures trader?
http://www.elitetrader.com/vb/showthread.php?threadid=83149
Yes, of course.
Edge = Probability.
Every trader has his own edge for a trade, otherwise he wouldn't even place any trades at all.
However the main point would be the probability of each trade varies - Ranging from 0% to 100%. :D
Your theory must be wrong, as Mr Hershey's should be right. I really hope every trader would follow Mr Hershey's profitable approach. Period, bye. :cool:
Seeking "mentor will pay"
Say: The mentor will benefit by if "mentor fees = $20,000 = the payment of the mentorship" exceeds "opportinity income = $100,000 = the present value of the sums of money that this person would not make by me being in there".
How can the student and mentor reach...