How many of you are impressed when you see someone has won a certified, audited, trading competition by achieving 200% profits for the year? Would you be impressed if it was 1000% instead? If you absolutely could rely on the certification and audit and the trades really did take place, would this impress you?
It shouldn’t.
The trading results for those without an edge tend to follow a bell curve distribution. Most sit near the center with small losses due to commissions and fees….