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All moments › He Figured Out What 99% of Traders Never Do | Ft. Loma

Public leaderboard appearances misleading; top traders profit from referrals and fee kickbacks, not just trades.

From He Figured Out What 99% of Traders Never Do | Ft. Loma · jumps to 1:39:23 · speech

▶ Open at 1:39:23 on YouTube
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And he just kind of, you know, your decker cane at the start of Diablo, you know, try to give him some advice before they go on their adventure. Generally, I would say that things are not always what they seem and that just because something is publicly available does not mean that it is an accurate representation of what is actually happening. And what I mean by that is a lot of these accounts, though they are not taking profits, you have to understand that the referrals and fee kickbacks for a lot of them make it worth it to actually hold the positions. because it allows them to farm referrals and stay at the top of the leaderboard and kind of show that they're not gonna sell and instill this confidence in people to buy and trade that asset.
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