waiting godot, page-13

Regarding brokers....

They all start fresh faced and rearing to go.
They try very hard to make correct predictions for their clients.
They need as many clients as possible to eke out a living.
They get some predictions correct and some predictions wrong.
The correct predictions extends their credibility.
The losing predictions destroy their credibility, their clients wealth.... and ultimately their client him/herself.
Eventually the number of incorrect prdictions exceeds the correct ones by such a big margin that their current client base bears no resemblance to their original one.... all the while relying on fresh faces upon which to bestow their wisdom.
I personally can recall nine brokers who have departed the industry over a period of 20 odd years. I am sure they are not the only nine.
And yes, Samtocan, you are very accurate in your assertion that if they were that good, they would trade for a living rather than rely on 40% of $21.90 each time someone believes in them.