Recent content by redbrix

  1. R

    what does FUTEX do ?

    Hi PB I understood the question and agree that the numbers will be low. However I am sure Futex use their own filters in candidate selection and in other areas that increases the percentage odds of success. Overall though the actual percentages are irrelevant and would in any event be a poor...
  2. R

    what does FUTEX do ?

    What difference would it make to the average successful applicant if the answer was 90% profitable and 90% still there after 2 years against 10% profitable and 10% still there after 2 years? You cant make any kind of sensible and reasonable assessment of ones potential to be successful based on...
  3. R

    Review of FTSEDay.com

    So this thread goes the way of just about every other thread on T2W - nothing constructive to say either way so just wade in with the insults. I would be surprised if there is a single successful trader anywhere contributing to posts on this website. In fact this place is no better than...
  4. R

    Review of FTSEDay.com

    Oh dear Mike, you have been rumbled. You would have been better off just completely ignoring this thread entirely rather than impersonating an ex-member trying to offer a two sided argument. Unfortunately what gives the game away is your style of writing - its in exactly the same tone as your...
  5. R

    Review of FTSEDay.com

    You might want to aim that at the person who said it, t'wasnt me - you are entitled to say what you like as far as I am concerned no matter what your views.are,
  6. R

    Review of FTSEDay.com

    If you run a room for trading education purposes, you have a responsibility to at least control the damage that novice traders can to do to each other by limiting their ability to influence each other. One way to do this is to remove the ability to chat, another is to continually reinforce the...
  7. R

    Review of FTSEDay.com

    I dont think your comments are helping his cause to be honest. If you are trading with no edge, which most of the people in the room were as they were no controls in place, then the risk is that they lose their whole account eventually, whether thats 2% , 5% or 10%. FTSE Day may have some...
  8. R

    Review of FTSEDay.com

    I have spent some time in FTSEDAYs trading room earlier this year. I have to agree with the original posters comments.I couldnt recommend joining the room to anyone for the following reasons: There is absolutely no structure to the room. The vendor is only present for the first hour of the day...
  9. R

    All vendors are crooks!!

    "I do not want to pre-judge or speculate, but if the reasons for being a vendor are financial, I would be very wary indeed." What other reasons are there for being a vendor? Of course its for financial reasons fundamentally. What vendors do you know that do it for free?
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