Is manual day trading dead?

Discussion in 'Trading' started by 777, Dec 4, 2016.

  1. Not a very good example, as non of the retail traders (especially those with 2K account with bucket shop) can mimic Renaissance portfolio, indeed, you can't even do this with 10 millions dollar account. The only exception is Trading Education Buyer, he seems have make his billions by trading DAX using some magic chart with options in bucket shop.
     
    Last edited: Dec 6, 2016
    #71     Dec 6, 2016
    Mtrader likes this.

  2. With that said, i am fairly certain my mentor in finance has a slight case of asbergers. Plus, a real estate fund I use to work with, adria-- founder definitely has Asbergers. Maybe its not as rare as I first posted--
     
    #72     Dec 6, 2016
  3. dealmaker

    dealmaker

    Yes, he is an exception! Having spent thousands if not millions buying the secret sauce and now realizing the folly of his ways running, interference all over Elite...
     
    #73     Dec 6, 2016
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    #74     Dec 6, 2016
  5. Mtrader

    Mtrader

    That's why he is the undisputable number 1 on ET. He broke all records.

    Even the records of:
    1. opening the most threads on ET
    2. highest frequency in posting, looks like a fulltime job
    3. expert knowledge about all aspects of trading as he is the highest authority
    4. able to post continuously in a thread where he is the only poster
    5. copy and paste things from internet and then pretend it is his knowledge
    Marketsurfer would be jealous if he would still be here.
     
    #75     Dec 6, 2016
    dealmaker likes this.
  6. Probably just a bored homeless unemployed guy posting from a public library. The pure volume of parroted material is highly unusual. Perhaps a bot , does not seem human.
     
    Last edited: Dec 6, 2016
    #76     Dec 6, 2016
    dealmaker likes this.
  7. MarkBrown

    MarkBrown

    by far manually day trading is not dead. if i had a talented guy to do execute trades i would be doing it also. i had a guy once who was just magic executing, i would order a buy or sell and he would manage to get better fills and take profits on spikes and then re-enter the original position at a better price. he was able to get twice the profits out of a position as expected. it would be hard for a model to do all that.
     
    #77     Dec 6, 2016
    patrickrooney and Zr1Trader like this.
  8. It's not dead but with the volatility we've been having lately almost from all summer, it is close to. The algos and HFT are pretty dominant. But to answer OP, no it isn't dead and you can still make money.
     
    #78     Dec 6, 2016
  9. llIHeroic

    llIHeroic

    I have been diagnosed with a mental disorder.

    I attribute a lot of my success in different areas of life in large part to my persistent interior discord, and the unorthodox way my mind seems to work, at least relative to the rest of society.

    These particular weaknesses of some mental "illnesses" can be harnessed into potent advantages in many cases. I don't see what's so outlandish or offensive about that idea.
     
    #79     Dec 6, 2016
    Handle123 and Mtrader like this.
  10. 777

    777

    How? What do you suggest?
     
    #80     Dec 7, 2016