Are there full-time position traders?

Discussion in 'Professional Trading' started by pisa, Jan 23, 2014.

  1. Are you sure?? I've never had to see any patients while day trading ;)

     
    #11     Jan 24, 2014
  2. jeb9999

    jeb9999

    There are plenty of position traders around.

    If it trades then there are position traders trading it.

    Many of the full timers spend more time doing research than actually doing trades. They also tend to be well capitalized.
     
    #12     Jan 24, 2014
  3. Handle123

    Handle123

    I started long ago position trading in stocks back in 1978, buying 100 shares cost $125, day trading wasn't an option with those fees. I used weekly charts then and still do today. But everyone evolves and I ventured also into day trading, my long term profits were being swallowed up and more into losses of day trading. Eventually got the hang of day trading/long term futures and kept doing long term stocks, last year added commodity spread trading and working on stock/ETF options this year. Options by far is toughest to learn, but making strides.

    Couple years ago I killed an afternoon by figuring out what I lost in terms of "venturing" into day trading and long term futures as it took me seven years, I be sitting on 4.5 times more than what I have accumulated. Should have stayed with just stocks. Of course had I just done stocks, what would I have done with all that extra time, I know I wouldn't have learned how to say horrible words in eight languages......:D
     
    #13     Jan 27, 2014
  4. Visaria

    Visaria

    I also bought gold miners recently (GDX), look cheap to me. I like the concept of trading around the position, but hasn't really worked for me.

    I like to think I'm being paid for taking overnight risk.
     
    #14     Jan 28, 2014
  5. Visaria

    Visaria

    I enjoy a nap during the day, too. :D
     
    #15     Jan 28, 2014