Being a former stock exchange employee and investment banker in Europe, I advise people not to get into this business unless you are ready to lose your hard-earned money. Consultants walk away with their fee and commissions and you are left crying for rest of your life. This whole business is highly speculative in nature and chances to lose are ten times greater than chances to win. Majority of the investment bankers and traders make money in terms of fee and commissions from managing others' investment portfolios, not their own.
A quick way to poverty.
Being a former stock exchange employee and investment banker in Europe, I advise people not to get into this business unless you are ready to lose your hard-earned money. Consultants walk away with their fee and commissions and you are left crying for rest of your life. This whole business is highly speculative in nature and chances to lose are ten times greater than chances to win. Majority of the investment bankers and traders make money in terms of fee and commissions from managing others' investment portfolios, not their own.