I scalp the ES, been doing it like forever, but 85% of what I have made thru all the years have been thru long term commodity trading, reduction of trades, staying in a good position for months and even years allow for sustained equity, but the downfall of longer term is changes in open equity, usually one year out of three are very healthy returns and the other two may be struggling to stay above even. So my day trading produces something coming in on a steady basis. Day trading has REALLY become like work, and that is why I be retiring from it end of April, 25 years of watching lines wiggle. Going to start testing all the ideas for mid-term I never had time for since I concentrated so much on day trading.
Well said. There is tremendous delusion On the Internet and on this board and business in particular. These posts are prime example Like 5yr