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Trading skill is very different from programming skill. It is not something you learn straight forward through books or lecture. I would say programming skills like C++, Java or Python can easily learned in a year or two by studying and practice daily. To acquire skill in trading, you easily...

Technologically, it is an impossible feat unless China is 100 years ahead of the world. Why would China do something like that if they are 100 years ahead of the curve?

Not really. So far China hasn't made threats to US companies in China yet. If tomorrow, China decides to charge US companies 30% tax operating in China, US stock market will lose half of its value, because US companies make almost a trillion dollars in revenue a year in China including export...

Trader just knows the more he trade, the more money he will makes. Just like a top poker pro, the more game he play, the more chips he will win. They don't second-guess their ability. They just know. Simply ask yourself honestly whether you can make alot money in a long term. If the answer is...

Innovation and inventions are always based on R&D and a pool of scientific intellectuals. China has both. You don't really need to be very talented, but know what it takes in the R&D process is enough. Very very few people in the world are capable of thinking original ideas. The West has a...

Yeah, I don't think China makes much money off exports. Most components like iphones are built in other nations and sent to China just for factory assembly. China only markups a bit for labor charges. On Apple iphones, you have LCD screens and processors from South Korea. Chips from USA. Cameras...

Trading is life blood of capitalism and it is a necessary evil. It helps in price discovery. Traders bear astronomical risks in the process of discovery. Otherwise the burden will pass on to the public. Without trading, the truth value of companies, countries, currencies, crude oil, steel...

Pretty much most big banks, hedge funds, international companies, big insurance companies and prime fx brokers from every part of the world. I have seen many big banks from Turkey, Middle East, Japan, China, India, Eygpt, etc... are trading against each other. Of course, there are these big...

You don't need trading to succeed in life. There are many other ways, much easier than trading. Most billionaires and millionaires failed many times before they found success e.g. Sam Walton, Walt Disney... Mike Bloomberg got laid off from a company he worked for couple years when he was...

You don't really need advertisers. If you have a million followers, all you need to do is to convert a small percentage of them into buying your products couple times a year. Let say 3% to 5% of the total converted. That is roughly 30,000 to 50,000 loyal followers. They buy your items priced at...

Market is very counter-intuitive and always changing. If you don't have something REALLY work, you are gambling. Market will pulplizerize your confidence bit by bit to the point where you become desperate and completely misery. It doesn't care you have a million dollar capital trade account or...

Traders are master of universe. If you take away all their money and assets today, they have the ability to grow all their capital plus more in couple of years. They have real skills and knowledge of know-how just like millionaires and billionaires having the real knowledge of making money...

Yes, it is not impossible, but it is extremely challenging and daunting. If you are a genius or a very luck guy, you can piece everything together in taking at least 5 to 6 years by sheer intellect or by luck as in the case of Albert Einstein with his understanding of universe. The theory of...

Agree! It all boils down to skills. A real skillful trader who has the real knowledge can adapt to forex or any other market even the extreme low volatile market in a matter of days or weeks. Most will take many years or never unfortunately. To be fair, even the most successful investor in...

Yeah, a lot of successful entrepreneurs spend a great deal of their time alone e.g. Jeff Bezos, Warren Buffett, Bill Gates, Mark Zuckerberg, George Soros... Trading is no exception just like other endeavors.

Sorry to heard that. I think you should drink green tea like this lady in England. She had advance stage of cancer. But after she started drink a lot of green tea, her tumor had disappeared...

Most big fx players are high-net worth individuals, governments, big insurance and financial institutions, sovereign wealth funds, hedge funds and global international companies like Samsung, Apple or Nike. They all use prime fx brokers e.g. Nomura, UBS, Goldman Sachs to hedge currency risks...

Yeah, people are in a wrong business if they are making a meager profit of $20,000 a year considering the risk of trading liquid asset is astronomical as Warren Buffet once said you can lose your shirt in the bat of an eye. There are other much less risky business model like reselling a...

Yeah, most trader jobs will be automated in the future except these who are profitable. When come to efficient, nothing beat machines. They can work and follow the guideline 24 hrs and 7 days a week non-stop. Goldman laid off 600 traders last year. Barclay laid off couple thousand traders...

Have you tried First New York Security LLP? I think they are hiring trader assistant now. They also have some sort of training program. If you are good after training, they will hire you. Many traders there have worked for big institutions before. Many traders there graduated from Ivies.