Daytrading becomes more difficult because of algorithmic trading?

Discussion in 'Trading' started by prj, Sep 23, 2018.

  1. henry76

    henry76

    This isn't a team sport , trying to hook up with "winning day traders " is not the goal ( as above ) but to become a winning day trader, then tell people who try to hook up where to get off.
     
    #31     Sep 24, 2018
  2. 777

    777

    Poor advice to give someone seeking to learn., especially when it comes to trading.

    "Be around people whose behaviors are better than yours and you will drift in that direction," Warren Buffet

    Most of the world's greats had mentors and they openly acknowledge this.
     
    Last edited: Sep 24, 2018
    #32     Sep 24, 2018
    Reformed Trader and tommcginnis like this.
  3. 777

    777


    I strongly suggest you get the book Traders of the New Era as it answers many of the questions you will have.

    The most accurate book addressing trading in modern times I have see-- a collection of interviews with mostly winning traders and savvy people in the industry.

    The author is a winning trader himself who posts on this site.


     
    #33     Sep 24, 2018
    prj likes this.
  4. day trading is easy if you know the technical analysis and know how to read charts. Nowadays, artificial intelligent are used to make work easier.
     
    #34     Sep 26, 2018
    prj likes this.
  5. henry76

    henry76

    There's a difference,they arn't day traders asking other day traders.
     
    #35     Sep 26, 2018
  6. comagnum

    comagnum

    If you can't find a way to make $ in the market - try looking harder. Swing trading & day trading is alive & well. Old school chart patterns for swing trades and volume breakouts from congested price zones is ringing the register with day trades.
     
    Last edited: Sep 26, 2018
    #36     Sep 26, 2018
    prj and positive etc like this.
  7. odlareg

    odlareg

    Go into the painting to see what is going on and you will find plenty of opportunities.

    GO
     
    #37     Sep 29, 2018
  8. qlai

    qlai

    You mean as compared to other timeframes, ,instruments, or trading styles? Not sure what you meant.
     
    #38     Sep 29, 2018
  9. SunTrader

    SunTrader

    Robots make it harder ... for other robots. Computational type or human type.
     
    #39     Sep 29, 2018
    prj and comagnum like this.
  10. History repeats itself...the ranges are narrow.

    ES

     
    #40     Sep 29, 2018