We’ve only faced off with, & taken forward 8 individuals via video link & live meets having filtered out well over 60 prospects through the usual performance & Q&A route. They didn’t all materialise through the forum network though.
There are very few retail based performance stats that stand up to scrutiny over an acceptable timeline when you drill down into the important elements.
Even those with a reasonable handle on things eventually drown through under capitalization which tends to fuel impatience resulting in excessive risk taking & holding onto stale positions too long. Once you get dragged into that spin cycle, psychological issues begin taking hold & it all goes to hell in a handbasket very quickly.
Only via high frequency bots engineered around either percentage deviations or anomalies usually (but not exclusively) influenced by event driven plays on specific candidates likely to offer a playable edge for that particular opportunity.
No, because we still believe it represents the best value to cost ratio over the long haul for the types of restrictive constraints you have to operate under down at this level of the food chain & that is borne out by the actual stats we’ve been exposed to when interacting with the guys mentioned above.
The margins at this activity level are as tight as a ducks ass & you absolutely can’t afford to waste energy, effort or money experimenting with sub par approaches that ramp up & minimise risk to oportunity costs. There’s a reason why the brokers steer punters towards the glamorous, fancy pants strategies & methods & offer tuition seminars highlighting the popular indicator led systems pushing moving averages, pivots, fibonacci, volume & the like.
Add into that, most folks simply don’t have the aptitude, psychological disciplines & maturity or financial wherewithal to fight & claw their way through the tough stages & you don’t need to look too far to justify the high failure rates.
It’s an awful tough gig down at this level unless you’re playing the game merely for fun. But as we always say, it’s just my/our view. It’s up to each individual to ensure they’re familiar with every aspect of their operation before screwing their serious head on.