Here's a choice comment from the CEO of Pristine, Olivier Velez, really nice guy:
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pristinelatin.com
Mr. Velez, president and co-founder of Pristine.com, an online trading education company, made it clear none of them should be going online unless they were prepared to treat day trading like any other profession.
"Successful trading is the art of finding an idiot. All this technology today brings in a whole new group of idiots," said Mr. Velez, the keynote speaker. "The odds are stacked against you. It is naive to think that you are going to come into my industry, which I helped build, and take food off my table simply because you have opened an online account."
Mr. Velez, who said he started his trading career eight years ago by using the $4,000 (all figures in U.S. dollars) in his wife's retirement fund, claimed to have lost so much money in his first five years of trading that he was evicted 27 times and nearly went bust on three occasions.
Today, he brags that he has increased his worth more than 600% this year alone and pulls in between $800 and $4,000 a day. In fact, he sounds downright invincible. "My losses for the most part today are nonexistent." |
