Maybe you are correct Coc. I dont how sufficient interest to be concerned why people say things cannot be done. I stick to what I do know and I do know that day trading is highly profitable. regards f9
I am quite intrigued by the response my post has had. Although I have not made a success at it, yet, nevertheless I do not think that it is an impossible task. I agree that it is difficult, in fact extremely difficult to do it right. What the "secret" is I do not know yet but I will put up this question in defense of the successful daytraders. If it is at all possible to make money in the markets, then why should it exclude daytrading activity. The market does not know the trader's intention or time horizon when he or she puts on his or her trade. It could not possibly have anything against them. I would love to hear more and perhaps someone can be kind enough to put of a few pointers for the rest of us to pursue. Thanks Gifropan
LOL. My guess it's what the OP wanted to hear. Why would someone post such a question... To add credibility to the belief that it can't be done! just helping the OPs cause Osorico
I do don't follow you by "what the OP wanted" to hear. I did put up the post as a genuine question because of my own inability to find a successful trading strategy. I am glad to hear that there are people out there who are making money daytrading because it makes me keen to work harder at solving what I call the "trading riddle". Gifropan
Let me kindly suggest that you change your inner, core belief about daytrading. That's a good place to start. It doesn't matter what we tell you because just reading your posts let me know that you are not going to make it. No offense.
Serious... Here is THE secret... there is no secret! Why would you think trading, regardless of sytle, is any different than any other profession?? 90% of restaurants fail. Why would trading be any different. Some people have a knack for sales, others do not. Can sales be a learned profession? Why would trading be any different. Now then, if you wanted to be a Doctor, what steps would take? OK, so you want be a trader? What steps would take? Now you can post some worthwhile questions, based on where you are in the curve. Osorico