Is day trading worth it?

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

  1. Probably uses the hindsight brokerage which allows you to place trades in hindsight.

    PS: If you don't know, those aren't exeuction arrows on NT. They're put on after.
     
    #951     Apr 9, 2014
  2. I know that :D

    I'm assuming that EddieMorra knows that we know that, too!
    I think he was making a joke about hindsight analysis (at least I hope so!)
     
    #952     Apr 9, 2014
  3. What's amazing is that there are people here on ET who thinks annotating yesterdays chart actually is the same as trading.

    Sure, it's a useful and important way to be learning, but trading in real time is obviously kind of different.
     
    #953     Apr 9, 2014
  4. dbphoenix

    dbphoenix

    So much pffft from people who don't know how to trade in foresight.

    Why is that, do you suppose?
     
    #954     Apr 9, 2014
  5. Pinkman has posted more real time calls and made more ES points than you have ever proven to do.

    In fact, I have as well, but I'm retired for the time being.

    :)
     
    #955     Apr 9, 2014
  6. Visaria

    Visaria


    Are you connected somehow with fundseeker or jack schwager?
     
    #956     Apr 9, 2014
  7. dbphoenix

    dbphoenix

    Keyword being "real time" as opposed to foresight.

    What are the lines in the sand today for the ES and the NQ? Do you know? If not, why not?
     
    #957     Apr 9, 2014
  8. And real time as opposed to hindsight.

    I'm currently working on a project at school and not watching the market, that's why, but I'll be happy to post real time calls or foresight like I've always done as soon as I return to the market.
     
    #958     Apr 9, 2014
  9. dbphoenix

    dbphoenix

    So that would be a "no".

    The object of the question, of course, is not to shine a light on those who know vs those who don't. Those who don't know know that they don't know. The more important question is why not? Because if one doesn't know, then he isn't prepared. And if he isn't prepared, then he isn't trading; he's gambling.

    Daytrading, then, to this individual, or any other sort of trading for that matter, would not be worth it.
     
    #959     Apr 9, 2014
  10. Well, how can I be prepared for day trading when I'm currently not trading or not even watching the market?

    You're stating the obvious.
     
    #960     Apr 9, 2014