Day trading for a living - Almost impossible

Discussion in 'Trading' started by Drawdown Addict, Sep 9, 2024.

  1. SunTrader

    SunTrader

    Life's a gamble, to one degree or another. Trading, investing or crossing a street.
     
    #41     Sep 10, 2024
    Drawdown Addict and zghorner like this.
  2. KCalhoun

    KCalhoun

    or getting married again
     
    #42     Sep 10, 2024
  3. mute9003

    mute9003

    then who is day trading all these stocks every day?
    and how is ross cameron fous are making their money trading?
     
    #43     Sep 10, 2024
  4. zghorner

    zghorner

    machines mostly.

    and I would bet anything Ross makes more money from traders buying his products/services than from actual trading.

    upload_2024-9-10_10-35-14.png
     
    #44     Sep 10, 2024
  5. ironchef

    ironchef

    It is like saying it is almost impossible to make money playing basketball.

    Millions play but only a few hundreds play for a living.
     
    #45     Sep 10, 2024
    mwahal, schizo and zghorner like this.
  6. Bad_Badness

    Bad_Badness

    Yes it IS IMPOSSIBLE if

    • You lack discipline under pressure.
    • You can't separate your ego-self worth and making or losing money.
    • You don't put in the required time or don't think you need to because you are "special".
    • You rationalize your short coming with blame.
    • You have a flat or negative learning curve.
    • You are undercapitalized in money or time or tools.
    Most of us who have survived, can tell, based on the words and posts, who has the grit, who has a chance to develop it and those who are really, really, really, far off and will probably not make it.

    OP is in the really far off zone. Not really really, really, far off, but just really far off.

    We try to help, but merciless pound the those with attitude that think they have even earned the right to comment on others accomplishments without due respect.

    Day trading is definitely doable, but so is winning the Tour de France.

    Day trading is like the ThunderDome.
     
    #46     Sep 10, 2024
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  7. mute9003

    mute9003

    marriage is worse than day trading. guaranteed loss of half of your investment if you a man
     
    #47     Sep 10, 2024
    schizo likes this.
  8. Just a friendly reminder that not a single one of you wankers has proved that is profitable at day trading.

    Thanks for showing up anyway. So we can label you.
     
    #48     Sep 10, 2024
  9. SunTrader

    SunTrader

    Uh huh
     
    #49     Sep 10, 2024
    schizo likes this.
  10. maxinger

    maxinger

    95% of the day traders can't make it.

    So stop looking for proof day trading is profitable.

    Instead look for proof day trading is unprofitable.
    To do that, you open a trading account with $1 million.
    Then go and day trade.
    The account will go to zero.


    And stop wanking for proof that day trading is profitable
     
    Last edited: Sep 10, 2024
    #50     Sep 10, 2024
    ironchef and Coin Flip like this.