This is something to take into account while picking up the combine. Profit Target / DrawDown vs Cost
Sorry, I started following it only at the beginning of this year. Looks like after 4 years, no cigar. I don't feel too bad then. Misery loves company.
One trade per day is more than enough, 1ES rt per day is ~1,000$ in fees per year. And it doesn’t really make sense to close EOD. While backtesting strategies, I sometimes get really nice returns, Then I see it doesn’t exit at End Of Day, It turns out mediocre after fixing the “mistake”. I am glad I did take a step back, It open the doors to real opportunities. Fck charts. Fck Day trading. Fck all the preconceived ideas. It’s sad to do things we can’t explain. Just because it’s how everyone does it. Reminds me that story someone posted here. Fck EliteTrader.
Not in the market to fall in love, But to find the best risk adjusted return. Profitability doesn't care about personality. Another preconceived idea
I don't think anyone can prove that either investing, swing trading or daytrading can't be profitable. In short, there are many ways to skin a cat. I think we've been down this road before where everyone is looking down on each other. I have talked to high frequency traders who laugh at everyone because they are able to skim off a couple of pennies on their trades. While the investor in Nvidia is laughing at them because they just rode the stock from $10 to $140 while the HFT guy just picked up pennies. So focus on the style you like and master it.