Based on news alone requires the ability to discern, to differentiate between fact and fiction.
Take the professions in London for example. If you were a youngster choosing a career, and you walked around the areas and the borders around the Strand, you can see many professionals, having to go through years of exams, tests, etc. And after they got into their seemingly glamorous profession, working in expensive posh buildings and offices, many have to eke out a living.
Does someone choosing a profession have the ability to know what is profitable?
Then lets say you walk along some old, looked like torn down buildings along say, Chiswick, W4. The workers or whatever they are known as, don't look like professionals, don't look glamorous, don't look like anything which a career-seeker would think of as anywhere near "professional". Then, let's say you are curious, you look at their 52 page brochure, you look at how many times a year they seem to be working, about 3 times, and you look at their Total Sale for each time they appear to work, about £650,000. And their commission charged on that amount, about 30%. Multiply that by 3
ie. £650,000 x 3 x 30% = £585,000 a year.
Their facilities, office in a building that looks very old, ancient, unimaginably unprofessional.
How many know how to differentiate between fact and fiction? How many in this forum knows who really is a professional trader just by reading what is posted here, in a forum usually haunted by kids pretending to be adults (or the other way round)?
