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

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

  1. cafeole

    cafeole

    How good are you at drawing support/resistance and trend lines. If you are good at that, you will see price bounce off of them consistently. For me, that is the key to speculative trading. If you haven't done it yet, spend a few weeks just drawing these lines until you get really good at it.
     
    #21     Jul 25, 2018
  2. TTT

    TTT

    To win in the intraday you have to be superhuman. 5% of the winners may be high frequency machines. It is the holy grail. So eager, so unreachable. Winning a few times does not mean anything, how hard is the consistency. Someone has succeeded?
     
    #22     Jul 25, 2018
  3. qxr1011

    qxr1011

    Agree overall, but it probably will take a few years rather than a few weeks...
     
    #23     Jul 25, 2018
  4. cafeole

    cafeole

    You are probably right. I should have said "Do this until you get really good at it no matter how long it takes."
     
    #24     Jul 25, 2018
  5. TTT

    TTT

    Wanting to win in the intraday is stupid, I know. But it is the registration of honor.
     
    #25     Jul 25, 2018
  6. TTT

    TTT

    I do not know if I'll ever find a true teacher
     
    #26     Jul 25, 2018
  7. cafeole

    cafeole

    I don't agree. It is a personality thing. Everyone has a comfort zone on how they trade. For me, I couldn't sleep at night holding on to a position, but I have no problem sitting at the computer for an intraday setup.
     
    #27     Jul 25, 2018
    schweiz and TTT like this.
  8. TTT

    TTT

    Personality without wisdom is useless.
     
    #28     Jul 25, 2018
  9. dozu888

    dozu888

    honor what honor? intraday is for the cowards who can sleep on positions.

    how big are you gonna do it in 10, 20, 30 years? it's a marathon and you might as well get the long game going right now.. can't intraday $Ms anyway.
     
    #29     Jul 25, 2018
  10. TTT

    TTT

    I am dedicated to the long term. It's just a concern.
     
    #30     Jul 25, 2018