Good Morning qlai, Day traders can not depend on Warren Buffet to get rich. His methods do not work anymore. Find a new edge to get rich or get poor. The days of Warren Buffet investing approach is gone.
It’s almost like Buffet and his PMs(Lts) know what they’re doing? “ The internet is in awe of Warren Buffett's perfectly timed cash-out Theron Mohamed Mar 12, 2025, 7:45” Warren Buffett is being praised for paring Apple and stacking cash before the market slumped. Social media is full of Buffett quotes about market downturns and memes featuring the investor. Buffett's Berkshire Hathaway sold a net $134 billion of stocks in 2024 and built a record cash pile. Warren Buffett has sparked a raft of comments and memes on social media after the legendary investor sold most of his massive Apple stake and built a record cash pile before the stock market tumbled earlier this week...” https://www.businessinsider.com/war...ck-market-crash-cash-pile-apple-quotes-2025-3
More money made on long term buying dividend paying stocks and selling puts than day trading IMHO. When you consider the first 100% in profitable day traders goes for commissions, fees, data in futures. Have to buy low like 2009. I have done better in long term commodities overall than scalping. Scalping more exciting providing you are profitable than long term, but the fees are huge.
There is a new sheriff in town in the Sim scalping trading world. His name is Volpri. Rumor has it, he’s dating Xela.
Day Trading == income (hopefully) Investing. == wealth (most likely) Buffet started out trading, but as AUM grew, was forced to switch to investing.