You continue to miss the point. Trading costs are not ignored. They are known and are immaterial to successful trading (for example in CL). But in business in general marginal cost theory applies in which again you would have no experience. You should try to learn what is relevant to being successful rather than exposing your inexperience. But of course no harm is done if you want to stay behind most others and prefer playing aimlessly in a fools playground like a baby. As mentioned before, if you are not successful you know nothing.
hope you not pressing 2 ?!? if yes then average return must be at least 5% from statistics. If so, you have made 33x original. Have you ??? i guess not as you cant compound :eek: waste of time. better work as a programmer. you get paid better.
everyone different. one should not leave good job for daytrading. It is harder work and unsecure pay. And health issues. Office at home fantasy gets worn out.
That I agree with. If I knew before started to trade how difficult it is, would rather do something else. Now it feels almost like fun, but objectively it's one of the hardest ways to make money. Correction: it's one of the hardest ways to learn before you actually make consistent money.
well I am kind like somwewhere there too. however I decided to go for less frequency and scalability especially once i experienced health issues shortterm trading FX. I also like high % win. I have no problem with large swing position as my odds are well tested over years. I also keep my reasonably paid job.
1) I'm good at that. 2) are you sure we're still talking about daytrading? 3) yeah , you know I have no experience: how? 4,5,) Wow you impress me with your condescension you must be a great trader . Please Please be my mentor. 6) still looking for the holy grail yourself eh?
You seem to be really upset that I picked 6 years of contiguous returns as being "consistent". Why how many consecutive years of excess 100% returns are you claiming to have through daytrading?