DislikedWhen Compliance Rule 2-43(b) was introduced a few years back brokers were using 'hedging' a selling gimmick ("you can still hedge with us!") and I wondered then just how many people actually fall for it. Turns out more people than I thought, and like you say some of them aren't novices!
Simple math but seemingly beyond comprehension for some people! And we wonder why the failure stats are so high.....Ignored
Much depend on luck, but the more you practice the luckier you get! NT & GP