Is day trading worth it?

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

  1. lol!
     
    #1551     Dec 22, 2014
  2. Absolutely. If someone is saying he's got this, he's got that, blah, blah, blah, I'd like to see some evidence.

    Would you be upset if I go to that thread and shut the guy down ? That could potentially end all your dreams.
     
    #1552     Dec 22, 2014
  3. Ok, I just called CME and they say they currently don't allow photo taking with your seat.
    strange huh ?
    I'll try ICE next and keep you posted of the results.
     
    #1553     Dec 22, 2014
  4. Ok, then 2 distinct characteristics of successful traders so far:

    1. Can't show ability to trade because you must pay first
    2. Can't show seat at exchange because CME says so

    Keep this stuff coming, I am putting together a list of what makes successful traders.
     
    #1554     Dec 22, 2014
  5. samuel11

    samuel11

    3. Take the other side of ExperiencedJoe ?

    Anyway, take a look at this:

    http://www-stat.wharton.upenn.edu/~...um/TrendFollowing/citigrouptrendfollowing.pdf

    It may give you a few ideas
     
    #1555     Dec 22, 2014
    marketsurfer likes this.

  6. thanks for posting the paper- while it has nothing to do with daytrading or the topic of this thread---- this is what makes elitetrader great, the sharing of real info. I am taking a close look ( and sharing with a few friends) at the method to double check the conclusions. sumthing just dont seem right---- but thats just first glance. surf
     
    #1556     Dec 22, 2014
  7. http://www.celebritynetworth.com/richest-celebrities/tom-dwan-net-worth/

    ask him was risk worth it?
    doing what he love, got rich too
     
    Last edited: Dec 22, 2014
    #1557     Dec 22, 2014
    marketsurfer likes this.
  8. #1558     Dec 22, 2014
  9. samuel11

    samuel11

    What are you expecting? That someone will come to this thread, post broker statements indicating that he makes money every day, tell you exactly when he trades and why, just so that you can imitate him?
     
    #1559     Dec 22, 2014
    d08 likes this.
  10. TraDaToR

    TraDaToR

    Perhaps he is simply ashamed of his seat. I was until I got a Schumacher signature Recaro one.
     
    #1560     Dec 22, 2014
    marketsurfer likes this.