Daytrading can be quite lucrative. Daytrading firms that are looking for deposit to let you trade 100 shares at a clip with 1,000 "traders in training" doing so , are probably ones to stay clear of . A good daytrading outfit will assess talent with either a proven track record or with hands on training without all hidden fees . Most so called daytraders that fail are ex employees of some financial institution that believe just because they were around trading desks , they can do it without any real training . I have seen numerous succesful traders but they are prodigies of other successful traders who incorporated numerous styles into their own . Simulators are good but can be gamed , the real way to become a successful trader is hook up with a firm who WANTS YOU TO BE SUCCESSFUL and has a program designed to fit your strengths and needs.
This is a very nice set up for small profit takers with loads of trades around support and resistance.
Here is the choppy markets during the day , but the big clean move happens when most day traders are closed late on friday.
Hey just wanted to let you guys know that it's not possible to transplant a kidney. I studied for a LONG time, like two whole months, read multiple books, so you can see I really put a lot of effort into this and was very well prepared. I mean, it's not like people would study something for 10 years before they became an expert, that would be ridiculous! When would you have time for XBox and beer? Anyway, when I tried the transplant it totally didn't even work!!1 Like wtf???
Buffet ,Sorros and Jim Rogers use fundamental investing ,they really aren't traders. Peter Lynch . any blind monkey investing /managing funds would have made money from 1977 to 1990 would have made money.Blind monkeys throwing darts on stocks made money during that era.He was not a trader , he was an investor . http://www.investopedia.com/university/greatest/peterlynch.asp#axzz1vKDASJ4W Traders are gamblers , these people are investors.
All these rises in the stock markets were due to the increase in money supply ,and abolishment of gold standard.Most of these rises in stock markets were the direct result of fiat money printing inflation.