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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: donald sew who wrote (16962)3/1/1999 8:29:00 AM
From: BubbaFred  Read Replies (2) of 44573
 
Not surprised. Not just these newbies brokers of today, but also the ones from 10, 20, 30 years ago. Most of them (99%) are mere sales persons, selling or touting to clients what their company's "research dept" tells them to "push". Small clients get the crumbs and are pushed stocks that big clients and insiders are selling. Only fewer than 1% of brokers bother to know more about the market. The rest of them?, well, those with any conscience or personal ethics usually quit after 3 or 4 years, because they don't want to play the game. Those who don't play the game are fired. That's why most of them are youngsters, eager beavers for the commissions.
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