Day trading is for suckers?

Discussion in 'Trading' started by qlai, Nov 20, 2019.

  1. Zalak

    Zalak

    I heard a lot of negativity about this, but I don’t really know how things are.
     
    #101     Jun 10, 2020
  2. trader99

    trader99

    #102     Jun 10, 2020
    Real Money likes this.
  3. I don’t think so, because it’s good to not hold your positions overnight and day traders just finish with a profit/loss in a day. It can be beneficial for everybody. Keeping your positions open overnight can call for swap charges and why to give that. The only point is here day trading is most suitable to ones who have more time to analyze the market and execute the trades accordingly.
     
    #103     Jun 19, 2020
  4. BAT31

    BAT31

    OBS https://obsproject.com/
     
    #104     Jul 19, 2020
    wrbtrader likes this.
  5. wrbtrader

    wrbtrader

    #105     Jul 19, 2020
    BAT31 likes this.
  6. VicBee

    VicBee

    What stuns me more than anything is the lack of humility of those guys (we have a few in here as well). Based on law of averages, big highs are likely to lead or follow big lows but I don't expect bragging videos about those. Must be a generational or probably just a personality thing.
     
    #106     Aug 12, 2020