A beautiful day. The birds are singing, the wind is blowing, and another CTI trader took a fully funded trading account and passed the evaluation. Yes, we are pleased to announce that yet another trader that has taken one of our fully funded trading account evaluation has gone to become one of our portfolio managers.
As the title indicates, small accounts do not provide the opportunity some nefarious marketers would mislead you into thinking (yes Gregg Secker, that includes you too). Indeed, as the title indicates I have also touched on this in the past as well; it was true then and it is true now.
So why mention it? If it is so obvious why do people not believe it? Human nature, greed perhaps? Yes. The pandemic forced people inside and people are bored, people are jobless, furloughed and such. And they want hope, they want money, they want Robinhoods and such.
Since the Average Joe outperformed Wall Street before, they thought they could do it again, that they could 10x their income and the stock market can only grow.
But, those of us in the market know with experience that to make serious money in the market, you need to trade serious money. Unless you trade with leverage, but trading with leverage comes with serious risks too, which the Average Joe does not know about it.
So that's why you still can't miraculously turn £200 to £2 million. This is why CTI provides sources those who want to become successful in the financial trading industry and provides them with a fully funded trading account. The fully funded trading account provides one with capital amounts that you would not normally be able to access risk free to you under conditions a fund would expect you to trade.
That's why we have an assortment of successful traders with fully funded trading account that made it through the evaluation and now have have a fully funded trading account as one of our portfolio managers!
Lots of people getting excited about the market could be taken as a sign of emerging bullish sentiment, which could be a form of market analysis. However, I would urge you to not follow the path of “dumb money” psychology. You want to always strive to be “smart money”, the ones who remain profitable consistently. A lot of these “neo-traders” will go broke, think of the 2000s bubble, and every other bubble, even the earliest recorded bubble (the Tulip bubble).
Of course, if you feel you need some calibrating and configurating to get there, CTI's HPT Psychology and Mentoring is there to help!
As I mentioned in the previous article one thing to consider is time and money. You could save until you have serious money to trade. However, it will take time and life can happen.
Whereas with a fully funded trading account, you can save time and money and get traded right away while benefiting from exponential growth. The exponential growth is our way to reward talent as we are looking to find the best traders for our own ambitions. (Which we can talk about in more detail on our website.)
Without further ado, here is Yves' interview: