Is Daytrading difficult or impossible ?

Discussion in 'Trading' started by speedo, May 12, 2017.

  1. algofy

    algofy

    who the hell is nate and tim?
     
    #71     May 15, 2017
  2. Mtrader

    Mtrader

    Two frauds you did not know yet and that you should add to your list. :D
     
    #72     May 15, 2017
    comagnum likes this.
  3. speedo

    speedo

    At the end of the day, it's irrelevant. We are each our own island and make our own way. You can listen to someone and determine if they have something worthwhile to say but the only thing that matters is what YOU do.
     
    #73     May 15, 2017
    Adam777, bklrnr, volpri and 1 other person like this.
  4. algofy

    algofy

    the list is getting long :)
     
    #74     May 15, 2017
  5. algofy

    algofy

    yep, agree 100%
     
    #75     May 15, 2017
  6. Mtrader

    Mtrader

    Maybe write a book about it. Together with Surf??? ;)
     
    #76     May 15, 2017
  7. hoffmanw

    hoffmanw

    This Japanese day trader made $150 million USD for last ten years from his bedroom according to Bloomberg news. It is doable if you are a day trader. Day trading is entirely another beast. The REAL good ones understand the market like no others can. Day trader compounds his returns in days. Swing trader compounds in weeks. Investors compound in years.

    Daytrader made $34 millions

    https://www.bloomberg.com/news/arti...-panicked-japanese-day-trader-made-34-million
     
    #77     May 15, 2017
    shatteredx and lawrence-lugar like this.
  8. dealmaker

    dealmaker

    Is that a veiled way of saying you'll fund day traders with 10 years of audited returns?
     
    #78     May 15, 2017
    murray t turtle likes this.
  9. %%
    Having been thru an audit; try not to tick the IRS off,SHx. Another big problem with daytrading, it was only noted in a few sentences in a IBD 450/+page book .He like$ red , white + blue /daily barcharts; prefer candlecharts. I think investors lie much , much more than daytraders; there are so many more investors, who profit.Some MZ top traders[daytraders] as you may have noted , do NOT use IBM, GM as market leaders
     
    #79     May 15, 2017
  10. speedo

    speedo

    Yep, investor bragging is the stuff of cocktail parties, especially after a few. Often best to not go into it with non-traders.

    I had a very good friend who was one of the best traders I knew who tragically died this past January who used to answer when asked what he did, said..."I am semi-retired and fool around on the computer at home."
     
    #80     May 15, 2017
    murray t turtle likes this.