Is day trading worth it?

Discussion in 'Professional Trading' started by Laissez Faire, Jun 18, 2013.

  1. Aj2014

    Aj2014

    Could you teach me to trade like you if I promise to only ever trade very very small size?! I'll even 'pinky promise'
     
    #1191     Jul 29, 2014
  2. Scaleout.Scalper

    Scaleout.Scalper Guest

    Here you go Freak, traded a bit more cause all this ET warzone made be hyper had to pull the trigger a few more times :p
     
    #1192     Jul 29, 2014
  3. NoDoji

    NoDoji

    Come on, anyone with half a brain knows that what you see in real time is totally different from the chart you see at the end of the day. Everyone knows that the price bars all look back at the end of the day and say, "Quickly, quickly, organize yourselves according to those stupid trading book rules or we'll be out of a job!"
     
    #1193     Jul 29, 2014
  4. NoDoji

    NoDoji

    That's sweet of you, Scaley, but you KNOW you're consistently profitable because you use PRICE DRIVERS!!! Stop with this TA bullsh*t, giving false hope to the masses, jeez!
     
    #1194     Jul 29, 2014
  5. tiddlywinks

    tiddlywinks

    Ahhhh, so it's the price bars that control this whole trading thing. All this time I thought price bars got their directives from bots. But it's really the price bars talking amongst themselves. A whole new world has been opened up... Now I can kill it!
     
    #1195     Jul 29, 2014
  6. NoDoji

    NoDoji

    Really? I began posting my P/L every trading day in July 2008 and posted daily through May 2010, which probably adds up to more than 400 blotters. I don't recall seeing your posts back then. You must've been posting under a different name.
     
    #1196     Jul 29, 2014
  7. Scaleout.Scalper

    Scaleout.Scalper Guest

    Had to use "search" to understand what you were saying. now I fully get it.

    Thankfully, no price drivers were used to make money, only price bars, lines, and a few "useless" indicators.

    :)
     
    #1197     Jul 29, 2014
  8. CMEmembers

    CMEmembers Guest

    quote

    daytrading is toughest way to make easy money in wall street.




     
    #1198     Jul 29, 2014
  9. CMEmembers

    CMEmembers Guest

    Daytrading today is mostly controlled by HFT machines and fully automated now.




     
    #1199     Jul 29, 2014
  10. Net result: One person posted blotter, several gave excuses, the rest play dumb.

    Elite.
     
    #1200     Jul 29, 2014