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Old Dec 16th, 2011, 02:23 PM   #1
Bear Trader
 
 
Join Date: Aug 2011
Posts: 26
I cant see any day trader making and end of the year profit for the next 3 years. It is going to be brutal quit day trading, HFT and the unstable markets is going to kill you all. There are going to be more chops than a Chefs knife. More swings and bounces than a Tennis match. Pls dont say I did not warn you. The only people who are going to make money are the swing and long term traders. Day trading is dead!!
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Old Dec 16th, 2011, 02:26 PM   #2
emg
 
 
Join Date: Feb 2010
Posts: 5,965
More than 90% of small traders lose! They just lose!
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Old Dec 16th, 2011, 02:26 PM   #3
tortoise
 
 
Join Date: Nov 2005
Posts: 2,747
Quote:
Quote from Bear Trader:

I cant see any day trader making and end of the year profit for the next 3 years. It is going to be brutal quit day trading, HFT and the unstable markets is going to kill you all. There are going to be more chops than a Chefs knife. More swings and bounces than a Tennis match. Pls dont say I did not warn you. The only people who are going to make money are the swing and long term traders. Day trading is dead!!
actually, i think swing traders are dead. this is daytrading heaven
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Old Dec 16th, 2011, 02:27 PM   #4
intradaybill
 
 
Join Date: Feb 2008
Posts: 2,962
Daytrading is now position trading. It has been replaced by HFT. Those daytraders who could afford it became HF traders. There is money to be made in intraday position trading.

Don't say I did not warn you
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Old Dec 16th, 2011, 02:39 PM   #5
seneca_roman
 
 
Join Date: Jul 2006
Posts: 1,235
The sky will fall too
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Old Dec 16th, 2011, 02:48 PM   #6
Crispy
 
 
Join Date: Jul 2009
Posts: 897
Quote:
Quote from tortoise:

actually, i think swing traders are dead. this is daytrading heaven
+1
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