cornixforex wrote -
Maybe not as a profession,
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It is can not be ...
Retail operator(=gambler) and professional in financial service
have different task's
Author meet professional derivative trader in he's life ,as example
L.Fisher by JPM , later he was CEO CSFB (in 40 yers old ) ,today work
for Rotshild ...
It is all different
Multiple VP until 30 years by GS received 1 mln $ p.a.
taxed
Best Price for 1 place in paper money contest with 15 000 -20 000 contestant's
some 50 000 -100 000 euro(Price was in Germany Jaguar XK ,Porsche S , Range Rover ,Jaguar XF )not taxed in Germany
Best Price for 1 place real money contest with 50 000 contestants 25 000 $ , Price moeny not taxed in Germany .Profit from operations taxed
But in real money contest 70-90 % of competitor's loose real money
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