Is day trading worth it?

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

  1. dbphoenix

    dbphoenix

    Still sitting in this range. Price tested the last swing high at 0750 but returned to the range. Now it appears ready to test that level again. This BTW using a 5m interval.

    The mean of this range BTW is 57.5.

    0900 and price is returning to the range.
     
    #531     Apr 2, 2014
  2. Well stated corn. Just like surf's old Gann channel method -- a momentum based long short dual directional system. It works great in volatile markets/stocks --- but remove the volatility and the entries fail again and again.
     
    #532     Apr 2, 2014
  3. I don't think she said she never loses anymore. What she said was, it is very difficult to have a losing day and it is very rare to have those anymore.

    So she rarely has down days, don't need to mention down weeks.....

    You might have traded "quite well" for decades, congrats on that, but I suppose there's a difference between "quite well" and "legendary great" traders.

    NoDoji is the outliers of outliers, the black swan of black swans.
     
    #533     Apr 2, 2014
  4. dbphoenix

    dbphoenix

    Watch price. Now. The TR is not theoretical, nor is price's position in it.
     
    #534     Apr 2, 2014
  5. Crispy

    Crispy

    You remind me of the good ole Dr. Zhivodka. I liked that guy, him and my former nick got along.
     
    #535     Apr 2, 2014

  6. You realize by saying these things she is claiming to be the best trader who has ever lived--by default--- Do you really believe her?
     
    #536     Apr 2, 2014
  7. Spot on!

    Talking in generalities means jack, but easily impresses the newbies. Just be vague enough and you're basically right no matter what happens.

    dbphoenix,

    Post a call including risk, entry and exit or take your philosophy to one of your ten other threads.
     
    #537     Apr 2, 2014

  8. The doctor rocks!
     
    #538     Apr 2, 2014
  9. dbphoenix

    dbphoenix

    The mean of the channel has now shifted down to 57, key word being "now".
     
    #539     Apr 2, 2014
  10. cornix

    cornix

    Yea I am watching NQ along with other stuff. Just wait for my signals. :)
     
    #540     Apr 2, 2014