Day traders pls quit while you can

Discussion in 'Trading' started by Bear Trader, Dec 16, 2011.

  1. 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!!
  2. emg


    More than 90% of small traders lose! They just lose!
  3. actually, i think swing traders are dead. this is daytrading heaven
  4. 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 It has been replaced by HFT.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:)
  5. The sky will fall too
  6. Crispy


  7. Solid traders will do well in their chosen time frame and, just like always, weak traders will limp long until they get taken out almost instantly when they finally go on tilt.

  8. +1
  9. The bots are always a favorite scapegoat :)
  10. I don't do day trading, I trade at night, so I am ok.

    thanks for the warning though, I will make sure my trading starts when it gets dark. At this time of the year, it's about 5 pm.
    #10     Dec 16, 2011