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I use to be customer service rep for IBFX. ( please don't hate me, lol... ) Some nights when it was slow, I would surf the server and look for accounts that were "net positive" from the time that they were first opened. I never found one...... so yes, I would say at least 95%.... Maybe we should all get together and just open a broker...? lol....
Yes, I agree that we have a lot of profitable traders in this forum. I was just trying to point out that you won't find a lot of profitable traders using market makers. We have all moved to ECN's... The "dealing desk" model wasn't designed to help traders make money... just brokers...
Personally, I know of more than 20 full time traders that make a steady living at this, so don't give up hope... just trade smart...
Yes, I agree that we have a lot of profitable traders in this forum. I was just trying to point out that you won't find a lot of profitable traders using market makers. We have all moved to ECN's... The "dealing desk" model wasn't designed to help traders make money... just brokers...
Personally, I know of more than 20 full time traders that make a steady living at this, so don't give up hope... just trade smart...
Excellent Shredded Synth Guitar...
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"It's not the strongest species that survive, nor the most intelligent, but the one most responsive to change" -- Darwin.
There´re good MM (a few) and bad MM (a lot). Try to be in the first ones.
Yes is good to be trading with an ECN but you can be part of the 95 % yet.
When you discover the enemy is not your broker but the market itself you´re making a big jump in your way to be a pro.