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Originally Posted by Mark66
I noticed that most of the winners of the contest is from china, I wonder why chinese traders are very successful?  |
Mark66,
Interesting observation that. Do you have any theories? I do!LOL I've spent sometime in Asia, and the first thing you will find is that most Asians have different core values. Better ones than westerners! I mean they are not so emotionally attached to money.
I think you would find if you looked into these winners a lot would be if not "one offs" short term success stories that have found a system using massive leverage that may work for a while, but that is ultimately flawed and will crash. We all know its entirely possible to get 100% returns in a few hours if we take big risks with our account, we also know that if we could recreate that repeatedly the challenge of becoming a succesful trader wouldn't exist and niether then would this forum.
Give me my 6% to 15% average per month and I will be an extremely happy trader, not a gambler.
Ruf