Was asked by one of the traders last Saturday on whether it was true that All who join as locals make BIG money. He cited one exchange employee pointing to one local participant saying, "That guy makes RM100k per month..."

The answer is yes and no. Yes, maybe out of 100 traders 5 may make extraordinary profits, due to their high risk taking. No, as out of the 100 traders 85 will lose all their money eventually, while 10 might make a living. These statistics are proven over a century, in terms of traders probability of success in leveraged futures markets.

You cannot blame the exchange employee, as that is his job, to market their product offerings.