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I agree. Pros treat the business like a marathon, not a 40 meter dash.

According to my accountant (who has a big practice preparing traders' tax returns) the 95% number is pretty much on the button plus or minus a percentage point or two. Also, the other 5% do really well. Very few are in the middle or breaking even.

A few of my friends spent some time there and said the performance was a mixed bag and the room is loaded with shills who continually rave about the guru, Greg who is continually pitching his webinar. There is also a sidekick moderator who calls out scalp trades like a finger stuck on the...