joetroscoe
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Does it work in producing real profits ?
My assumption is that people who can't trade go teach. Of course my assumption could be incorrect.
This guy has a very solid profit motive. We pay the institute for the education. They, in turn, monitor our accounts to see if we are profitable and serve as the independent auditor forum guys are always crying about. They admit to piggybacking off of institute trader ideas. If a trader has a very good track record, they get a big head hunting fee to place them at a hedge fund, already trained. They will also get Institute money to trade. It is rather ingenious. They are trying to build a global remote trading desk. The broker I am with here in the US will rebate my account monthly until the education is paid for. The Institute takes no kickbacks. The agreements are all online.
Think about it. What if you could build a trading desk to do all that tedious research for you? Believe me, finding good spread trades globally is remarkably tedious. I would do it in a heartbeat. Train traders to work for me. All I have to do is make sure they are following the process and not doing anything insane. Think about that for a moment.