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Bear Trader

Registered: Aug 2011
Posts: 26

12-16-11 07:23 PM

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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emg

Registered: Feb 2010
Posts: 5294

12-16-11 07:26 PM

More than 90% of small traders lose! They just lose!

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tortoise

Registered: Nov 2005
Posts: 2494

12-16-11 07:26 PM

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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intradaybill

Registered: Feb 2008
Posts: 2962

12-16-11 07:27 PM

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 It has been replaced by HFT.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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seneca_roman

Registered: Jul 2006
Posts: 1235

12-16-11 07:39 PM

The sky will fall too

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Crispy

Registered: Jul 2009
Posts: 734

12-16-11 07:48 PM

Quote from tortoise:

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

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