No day trader on this planet can make yearly profits

Discussion in 'Trading' started by teewoods, Nov 13, 2019.

  1. ph1l

    ph1l

    #71     Nov 13, 2019
  2. TheBigShort

    TheBigShort

    76% over the last 8 months. This is all while making so many careless (expensive) mistakes and trying to learn new strategies as I go. I would consider myself a day trader. Next 12 months will almost certainly be better.

    If you are an active member on ET and @raVar has not blocked you yet or you have @destriero blocked, the chances of you making money are probably close to 0.

    Screen Shot 2019-11-13 at 11.40.05 PM.png
    Screen Shot 2019-11-13 at 11.47.11 PM.png
     
    #72     Nov 13, 2019
    fan27, fxzen, destriero and 4 others like this.
  3. ironchef

    ironchef

    Very impressive performance by the way. Day trading options?

    What about the other way around? I am an active member, @raVar has not blocked me but @destriero said he blocked me? :(
     
    #73     Nov 14, 2019
  4. TheBigShort

    TheBigShort

    ouuuuu...I am not to sure what to say IC. I heard sports betting a bit easier to win at :p
     
    #74     Nov 14, 2019
    Magic likes this.
  5. TheBigShort

    TheBigShort

    Thanks! Yes, day trading options.
     
    #75     Nov 14, 2019
    ironchef likes this.
  6. Overnight

    Overnight

    Everyone needs to stop with the blocking shit! Ug!!!
     
    #76     Nov 14, 2019
  7. d08

    d08

    That's pretty funny that you did not grasp his sarcasm. AI completely replacing human programmers is still pretty far off because there's often a creative component to it.
    For trading, yes, you're probably right.
     
    #77     Nov 14, 2019
    TooEffingOld likes this.
  8. d08

    d08

    I figure it's the Asian gambling mentality that you see quite often. Like with most business, there seems to be more value in participating or playing the game rather than earning profits. You see this with Chinese who often earn a negligible profit margin on their products and services but are excited to do it. They are not wrong as this is exactly the right mindset, quite often.
     
    #78     Nov 14, 2019
  9. Mynigga.gif
     
    #79     Nov 14, 2019
    TheBigShort likes this.
  10. SunTrader

    SunTrader

    The day AI rules trading is the day markets .... freezes up.
     
    #80     Nov 14, 2019