Is day trading worth it?

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

  1. dbphoenix

    dbphoenix

    To me, it's information, but to most people there's no information in it.

    Not that it's worth arguing about. My point is that the noise thing has become conventional wisdom, but just because something is conventional that doesn't make it wise.
     
    #1831     May 13, 2015
    GAR likes this.
  2. it's not information to you, what is occurring behind the curtain at the "atomic' level, your still drawing strait lines on 'macro' time frames. you are still trying to square the circle. does your schtick still work, i dunno, i'm not a devotee.

    but to claim all signal and no noise in any system is against every engineering principle.
     
    #1832     May 13, 2015
  3. dbphoenix

    dbphoenix

    The market, though, is not about engineering; it's about behavior.

    If it's noise to you, that's fine. Nothing to get angry about.
     
    #1833     May 13, 2015
  4. your strait lines are very mechanical.

    and, i'm not angry :)
     
    #1834     May 13, 2015
  5. dbphoenix

    dbphoenix

    Let's say hostile, then. And straight lines are hardly mechanical if they track the balance between demand and supply, which changes tick by tick.

    In any event, may you enjoy continued success.
     
    #1835     May 13, 2015
  6. algo's (mathematicians)are pushing every market toward randomness. god help us traders when that process is complete. it's as inevitable as AI is.

    a truly random system is impossible to trade successfully. we are not there yet.

    but the mantra 'the market will always be there', ie accessible to all??? :(
     
    #1836     May 13, 2015
  7. JTrades

    JTrades

    #1837     May 13, 2015
  8. Turveyd

    Turveyd

    You can't get the 1 move which happens in any day, without being in the market all day, you need a plan so your in and out and stable to give you a chance of being in when that big moves comes.

    It's not like they send out a text message to say, big move about to start!
     
    #1838     May 13, 2015
  9. Anyone who doesn't accept that there's an element of randomness or 'noise' in the market is quite ridiculous and stupid.
     
    #1839     May 14, 2015
  10. dbphoenix

    dbphoenix

    Only to the extent that traders trade randomly.

    Let us know how that works out for you.

    As for the "stoopid" part, learn how the market works, then get back to us.
     
    #1840     May 14, 2015