Quote from earlybirdstango:
Dont mind the bozos around here. Trust me when I tell you elitetrader was once a better place than this. When you had a question you'd get an answer. A fire swept this town and the only ones left are the gypsies and the hyenas.
On topic, the test was made to weed people out who couldn't study and pass the test. There are a few shops who will try to promote the idea that you could move your money overseas and trade without a license, but not only is this not accepted practice, but it can be risky, as you can wake up one morning and your money and the firm will have vanished into thin air.
Quote from earlybirdstango:
Dont mind the bozos around here. Trust me when I tell you elitetrader was once a better place than this. When you had a question you'd get an answer. A fire swept this town and the only ones left are the gypsies and the hyenas.
On topic, the test was made to weed people out who couldn't study and pass the test. There are a few shops who will try to promote the idea that you could move your money overseas and trade without a license, but not only is this not accepted practice, but it can be risky, as you can wake up one morning and your money and the firm will have vanished into thin air.