From an interview with Chicago broker/trader Jay Norris, on the currency-trading blog Piptopia:
I always remembered Bill Williams -– Author of Trading Chaos — my first mentor’s answer when asked what sort of people are best to train as traders. Without hesitation, he said “Give me someone w/ the equivalent of a high school education and the IQ of a warm room.”
Now I assume he’s talking Fahrenheit, not Celsius. But still, what perversely reassuring news for the hundreds of millions of us who aren’t wildly successful traders.