Winers and Losers
Trading is a zero sum game. Who wins? Who loses? Brokers are like second hand car salesmen, they can tell a lot of half truths to a potential customer, just to get the customer to buy the particular used car. An example would be a certain broker Mr A, who as a broker with no regard for confidentiality and always talks about how client C made $X and how client B trades spreads and makes $y. It seems everybody is making oodles of $. But where is the other side of the story? Where are the losers' stories? This is the problem with brokers, they are not pragmatic and realistic, living in the fantasy world just to generate commission income. Sadly, no matter in which country of the world, this is the case where half truths abound in commodity markets.
Labels: fkli, index futures
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