OP As far as I can elaborate on your reasons, I disagree with you pretty much as you say. Because I think if you are a successful trader you will never deviate from this path. Although it's stressful monthly, I totally disagree with what he said because of number three. No matter how many scams there are in the market, it will not affect the traders if he is an experienced and excellent trader. I am a spot trader but I don't trade all the time most of the time I invest. When I trade I do analysis for minimum 15 to 20 minutes and then I trade on that. By doing this I do not have to face loss.