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Got bored, and needed some motivation.
Reviewed the IBFX monthly contest Top 100 list. Man, those guys at the top are returning monster numbers. I don't have a clue how they do it, well, I kinda do, but it's too risky for me. It seems to me people are so much better traders nowadays than like 2 years ago, and even from the start of the year. I guess they don't show you the bottom 100 for a reason.
And it is also very interesting that I do not see the same names consistently in the Top 100. The turnover rate is quite high. I guess many people are gaming the system, and using really high leverage.
It is too bad IBFX doesn't send little gifts like golf balls to their Top 100 traders as consolation prizes like they did in the summer special. I thought that was a good touch.
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Life is a Gamble. You win some. You lose some. And life goes on.
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