The studies you posted don't show day trading is impossible, just difficult and only a small percentage can achieve, which everyone already knows....
The actual title of this thread should be "Another TRADER bites the dust" It's common knowledge that ALL time frames of trading can be...
No one is going to be able to give you any real applicable advice unless you add more information about your abilities. You said you believe you...
"Any fool can criticize, complain, and condemn- and most fools do" - Dale Carnegie You've made a huge assumption that is entirely incorrect....
The tragedy of this study is that it lead with the wrong main summary point and as a result offended many traders. That said, taken the right way,...
Okay, here is my followup response: 1) This biggest part about traders having to spend so much time in the research/trial and error phase before...
That's a very generous offer if legit and definitely not typical of what you see on trading sights. That said, since it goes against the norm,...
The first step is to ask your relatives/friends if anyone trades for a living- this is your best shot at finding a legitimate mentor who would...
Congrats on your sons success. The odds of succeeding in professional gaming are far worse than that of trading- with odds rated as low as 0.01%...
You can't get an accurate answer about the percentage of traders that succeed, because there is no pre filter establishing a level starting basis....
My assessment of your situation is that you are not a good fit for day trading and should just buy an index fund and long term invest. I based my...
Let's look at your situation: Reading the thread we see you have a system that has only been back tested, if even that, that generates just $80...
It doesn't appear you have done full research into the viability of succeeding in day trading. After six weeks of attempting to day trade, you...
You are conflating the "mechanics" and descriptors of trading with the ability to trade at a level to be consistently profitable. No one...
What I said isn't a contradiction. He stated learning to trade wasn't the same level as difficulty in learning a language- and more like a...
No offense, but this post is even worse than your initial one in showing your ignorance about what it takes to be successful in trading. You have...
You stated you were a coder and scientist. If this is actually the case, then you should know the proper procedure and steps for trying to find...
Whether or not you are consistently profitable in ANY investment vehicle, be it futures, forex, equities, options, etc.., long term or short term...
The one prime question you should ask yourself after ANY trade,winning or losing, is did you follow your trading plan fully with no deviations?...
The approach will depend on your trading style certainly. If you are a very short term "tick by tick" or "bar by bar" trader- working in HFT lanes...
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