Scotty2Cues
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Seem to be getting mixed reviews about Futex. In one way it sounds like a great opportunity and there must be successes! I also have this though:
"Remember, the service providers ( the broker, etc ) always make money before
you do, even if you have a split deal such 50/50. You need
to pay commissions and other charges before you take anything home. Thus, if
you are taught a basic market making or scalping strategy, you will only end
up churning commissions for the broker! No trader gets rich with this. Only
the broker does. At the end you will burn out and go home empty handed."
Can someone talented make big money there with their backing or would be (for example), at most, £25k a year + burnout after charges etc.
"Remember, the service providers ( the broker, etc ) always make money before
you do, even if you have a split deal such 50/50. You need
to pay commissions and other charges before you take anything home. Thus, if
you are taught a basic market making or scalping strategy, you will only end
up churning commissions for the broker! No trader gets rich with this. Only
the broker does. At the end you will burn out and go home empty handed."
Can someone talented make big money there with their backing or would be (for example), at most, £25k a year + burnout after charges etc.