Is day trading worth it?

I'm a PA trader and I trade within channels, and I'm the EDGE. Because only I can control my profits and my losses.

What is your general strategy?

 

Fading you? Plz post more trade (any).

 

ND, (I'm speaking constructively here)
I gotta say. I'm impressed that you used MAE/MFE. You are doing more testing than I thought.

At a quick glance at that system there: It seems what would be most critical to success is that you can hang on to winners or you get eaten by comm/slipp/stops in the longrun. You seem pretty clear on how to get on the train. But how do you define when to get off?

Just throwing thoughts out there..

 

I use multiple strategies depending on the market conditions. If you made random entries, but controlled your profits and losses--- wouldn't you still make profits?

The way I see it is that you are making entries into a random system therefore it doesn't matter if you "think" they are not random to you or not. Thanks!

 

Price Drivers were just that: random entries?

Sorry, couldn't resist. All in fun as you know I have nothing personal against you.

 

Surf, please stop. Go play with your hedge fund friends instead.

 

Are you offering your services? You sound like a guru to me.

 

Therein lies the truth about trading.

What you see on the chart or your analysis is meaningless, the market exists outside of the trader's mind. All entries are then random, and only the trader through strict discipline and risk parameters can control winners and losses.

 

my opinion,

If you need marketing/advertising he's your guy.

If you need trading advice, ah find another guy.

 

You know the answer is "no" as this is the umpteenth time you make this claim.

Please go away now.