Does anyone know how to consistently win doing daytrading with stocks?

Discussion in 'Trading' started by TTT, Jul 25, 2018.

  1. TTT

    TTT

    I've tried it for many years but I do not.
    Someone could help me?
     
  2. traderob

    traderob

    If anyone can consistently win in stock trading after a few decades they would be billionaires.

    Very few traders are consistent, leaving aside trading method vendors.
     
  3. That is not correct. You can be consistent but due to price impact stay with fixed position sizes yielding a linear profit curve instead of an exponential curve.
     
  4. zdreg

    zdreg

    1. review your trading methodology
    2. check to see if your psychological makeup is preventing you from being successful
     
  5. R1234

    R1234

    are you daytrading low volume penny stocks?
     
  6. TTT

    TTT

    I've tried it in every way. Maverick I did not understand what you meant
     
  7. tm689

    tm689

    The first thing you have to do is understand the difference between a trader and a speculator. You must understand what service you are brining to the market. Are you supplying liquidity or are you demanding it. Also, you tend to make the most money is corporate bonds or stocks that you know better than anyone else. That enables you to determine true value and where market inefficiencies are occurring.
     
    Hooter and MarkBrown like this.
  8. traider

    traider

    Regards to supplying liquidity, aren't we competing with a market maker? Means we get the last fill always, and lose 1 tick straightaway. So if supplying liquidity, do you mean that buy when everyone is selling?

    How do you know true value of a company? Is it through fundamentals? What happens when there is news moving the stock that you don't know about?
     
  9. MarkBrown

    MarkBrown

    ttt are you serious? what software platform and data feed are you using and who are you clearing through? there are many small things that have to be all in alignment to even get started. so like any endeavor preparation is really important, there maybe some disadvantage that your not even aware of.
     
  10. dozu888

    dozu888

    stop trying.
     
    #10     Jul 25, 2018