Is day trading worth it?

Discussion in 'Professional Trading' started by Laissez Faire, Jun 18, 2013.

  1. Usually those signal providers share's their mediocre systems for subscribers
    and keeps some of the best strat for themselves to trade at least for stocks
    and futures that is.

    How can it be curve fitting if their making cash on real trades ?
     
    #1521     Dec 21, 2014
  2. They are not
     
    #1522     Dec 21, 2014
  3. A better question is: if they can withdraw money from the market, why do they need subscribers ? Are you quite sure you trade ? This is the beginner stuff.
     
    #1523     Dec 21, 2014
  4. diversefication of income streams prolly. something to wade nyou through those drawdowns.
     
    #1524     Dec 21, 2014
  5. Theorizing is all he has going for him. Definition of this, study for that, they don't exist, not possible for retail, etc. This is what makes his ignorance so amusing. There is almost an element of drama to it. He truly believes he is right about trading. Of course he will talk about his "industry" experience but ask yourself the question. In all of his years of trying the guy has never been profitable and all that industry experience certainly didn't help him make money from trading, so why should you care about it and interestingly why does he? What is the value of a tool that doesn't just fail to assist you in achieving a goal but can also prevent you from succeeding by discouragement? The answer - worthless.

    Here is something of actual value from my own experience. A lesson I've learned during my years. Every successful trader I know has learned this one thing probably the hard way - not to use worthless tools.
     
    #1525     Dec 21, 2014
    MoneyWalks, d08 and NoBias like this.
  6. With all your years of learning, I presume you are now in a position to tell us which tools are worthless ? Which would they be, or would this answer give me a free edge and therefore you cannot say ?
     
    #1526     Dec 21, 2014
  7. Show it to me. Im not talking about W2's , audits or any other nonsense. Show me any at home,DIY day trader with no other source of income and no inherited wealth or succesful spouse who has lived the equivalent lifestyle greater than a McDonalds or other low level manager /chef for a decade or longer.

    They don't exist and dats a fact

    Surf
     
    Last edited: Dec 21, 2014
    #1527     Dec 21, 2014
  8. Since the "successful" home traders are not doing trading, at least not that I can see, I guess I have to make up for their deficiency. So, here's one with a green arrow.

    [​IMG]
     
    #1528     Dec 21, 2014
  9. Rally, don't get caught in a 'surfer vortex' , these guys are begging for edge as clear as day. I know it's not right for even an Internet persona to mock what's been accomplished by a few of us..instead just count the positive things making us wealthy here have done.

    Save the edge advice for people who know what to do with it!
     
    #1529     Dec 21, 2014
    Jimmy Ray, MoneyWalks, d08 and 3 others like this.
  10. Aj2014

    Aj2014

    I love all the 'edge' talk :) lol
     
    #1530     Dec 21, 2014