Well, all I can say to this, is that I am a broker. I am not out to rip anyone off. In fact, the Black Box systems we run our managed futures programs with, have been doing really well.
As for not being able to trade. I got into this biz in the first place, because I CAN trade, but was never able to fund my account enough to make a living from it while working a regular job.
Trading, especially day-trading (which is what I know how to do), takes 100% focus, during market hours. It's not something one can do along side a regular job. I know, I have tried to do so in the past and got fired for it.
In a normal place of employment, just try ignoring your primary duties all day long, every day, to focus completely on something [trading] that is totally unrelated to your job, and see how long an employer keeps you....
The ONLY option was to get into a career where following the markets closely *Was* my *Job*, and then build my account up a little at a time from there.
No one here bats an eyelash if I am pulling the trigger for real on my own account, or testing plays in simulation. Constant focus and study of the markets, so I can best serve my customers, is what I am paid to do. It's a job *Requirement*, not something I am trying to get away with in between a million other career responsibilities that I would have were I in another industry.
Of course, having free access to a powerful, professional platform, very reasonable commission rates, and being completely immersed in the game are added benefits.
So I am not here to rip anyone off.
The thing is, we WANT our clients to do good, and make money.
We are a small firm and there is a lot of competition out there. Keeping a happy client is way easier then getting new ones. Last thing we want to do is drain a clients account on frivolous trades for a little extra commission. We want to keep it alive and growing so we get them over the long haul.
It takes a lot of accounts to make a living. We can't afford to blow out or lose even a single one of them.
Futures & Commodities trading is High Risk due to highly leverage markets.
THE RISK OF LOSS IN TRADING COMMODITIES CAN BE SUBSTANTIAL.
THE HIGH DEGREE OF LEVERAGE THAT IS OFTEN ATTAINABLE IN COMMODITY TRADING CAN WORK FOR YOU, AS WELL AS AGAINST YOU.
PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS
Most brokers are only after your trading fee's, just ask yourself if they were so good would they be taking risks with your money, no they would be investing their own and making a fortune but instead if they risk your money they get their fees whatever happens!
A monkey with a pin or putting buy on one of your shoes and sell on the other and then peeing into the wind,that is as reliable as most brokers and far cheaper!
Watch the video above and that is exactly how the markets work, they screw people!
Don't touch leverage,stay away from CFD's and only risk what you can afford to lose and you won't go wrong!
