Is day trading worth it?

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

  1. +1000 this. I think this is what irks me about the SLA threads.
     
    #411     Mar 31, 2014
    Laissez Faire likes this.
  2. When was your last losing trading day, NoDoji? I am guessing sometime last year?
     
    #412     Mar 31, 2014
  3. None of these ppl have losing days with their post mkt chart analysis! The DB fool actually posted that NQ could hit 3590 today (with futures at 3577 and up on the news out of Russia).
     
    #413     Mar 31, 2014
  4. dbphoenix

    dbphoenix

    Actually the fool said that last evening, when price looked to be approaching the top of its trend channel, which is generally an opportunity for reversal. By this morning, the upper limit of the channel was at 85, and since price was already above that by the open, the potential trade changed from short to long (this is explained in response to your question posted to my journal).

    All this may have escaped your attention since you were focused on coconut oil and P&R, but you might also have played it brilliantly. Who can say?
     
    #414     Mar 31, 2014
  5. I was up 4% today and will post it here when IB produces my run for the day.
     
    #415     Mar 31, 2014
  6. dbphoenix

    dbphoenix

    I'm pleased for you.
     
    #416     Mar 31, 2014
  7. Could you help me out a bit??

    Last Friday was 28TH. As day goes by on ES e-min trades are done.

    To do trades, the signals are "anticipated." This means the trading platform is prepared for a trade by clicking the trade and then "waiting" to confirm it when it is "locked in" as a certainty.

    To do the above charts are annotated by students" See attached.

    At the end of the day, we do "saves" the trading platform trades. See attached prints.

    Could you help me to understand why the attached information is unacceptable to ET observers?
     
    #417     Mar 31, 2014

  8. Because, you addled fool, it is not a blotter. How many excuses will you have for not producing Friday's blotter?
     
    #418     Mar 31, 2014
  9. How did you sell the high and buy the low of almost every 5 minute bar in the ES, Jack? Can you teach us?
     
    #419     Mar 31, 2014

  10. The guy is in his 80s and trades $100k of OPM. You'd think that would be their daily PNL, no? He's a fraud. This site is 90% degen gamblers who will go to any length to deny their failures. Hershey is the unified title holder.
     
    #420     Mar 31, 2014