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oldtime
 

Registered: Jun 2011
Posts: 7389

 

09-09-12 07:14 AM

Should you day trade? I don't know, should you week trade? I don't know. Should you month trade? I don't know. Should you year trade? I don't know. Should you decade trade? I don't know.

You can pull up some charts and see what buy and hold got you.

Less than 50% of market professionals beat the market in any one year

and less than 28% have beat it three years in a row

are you smart enough to pick the one that will beat it 4 years in a row?

Daytrade? What's so special about a day other than if you are trading futures you can put it on at half the margin.

You kids today crack me up. Daytrading was something people did back in the 90's

when I was living out in the gay bay, every now and then about once a month, some kid from Indiana whould show up with a head band and a tie dyed t shirt with a peace symbol on it

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Xspurt
 

Registered: Jun 2009
Posts: 1781

 

09-09-12 10:01 AM


Quote from oilfxpro:

just looking at your posts and patterns in posting



https://www.google.co.uk/#hl=en&gs_...iw=1680&bih=918

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sellindexvol66
 

Registered: Apr 2008
Posts: 593

 

09-09-12 11:54 AM


Quote from trader198:

an old lady bought some stocks and left his home country, travelled to U.S. to live with her daughter, after years, she went back, she found what she bought are 10fold increase.

a young man just after he graduated, he bought some stocks, then he made some minor criminals, and was put into jail, several years late, when he went out of the jail, he thought he has nothing in the world, when he checked his account, he found he is the richest guy in his hometown based on his holding.

.....

away from the market alittle farther, the farther the better you will see

when Warren Buffet started to buy stock, DOW was around 200

why day trading, while there are better way to make big money



Since most of you guys are short term directional traders, i advise to take a longer term approach..ie:swing stocks..work some options in there ..build slowly.

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cornix
 

Registered: Jan 2011
Posts: 2809

 

09-11-12 12:47 PM


Quote from trader198:


why day trading, while there are better way to make big money



"Better" is too subjective and broad term. I agree that long-term investment in the right instruments is good approach, but why is that necessary oppose it to short-term trading?

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