Study says Daytrading for a living is virtually impossible.

Discussion in 'Trading' started by traderslair, Sep 11, 2019.

  1. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    I dont to be honest and I dont want to "guesstimate" and get in trouble with regulators / compliance.....
    Feel free to PM me and i wil do my best to share info I am able to.
     
    #221     Sep 17, 2019
    traderslair and ironchef like this.
  2. ironchef

    ironchef

    Thank you for your response. I realized this forum is not an appropriate place to talk about proprietary information.

    Actually I don't need to know. My broker published/displayed a lot of data/outcomes on investing. They have platforms to facilitate and encourage frequent/day trading but never published any results/studies on day trading even though they made a lot more money from us frequent traders than the buy and hold folks.

    Best wishes to you.
     
    #222     Sep 18, 2019
    CannonTrading_Ilan likes this.
  3. easymon1

    easymon1

    Day Trading
    cued up to minute 2:59 seconds -->
     
    #223     Sep 19, 2019
  4. lentus

    lentus

    a lot of people think this guy is a scammer :)
     
    #224     Sep 22, 2019
  5. tiddlywinks

    tiddlywinks

    I don't think it's a customer scammer wrap, but rather that he hijacked someone else's work and then laid claim. A less scammy type of scammer? LOL IDK... Nonetheless, I think Pesavanto has some interesting setups for those interested in more esoteric studies and setups.
     
    #225     Sep 22, 2019
  6. lentus

    lentus

    every scammer has setups. I create a set up in the bathroom every time I go. Interested?
     
    #226     Sep 22, 2019
    traderslair and CharlesS like this.
  7. What?

    I know personally of a pro equity trader that makes $250 mil a year for an investment bank, 1 person alone. What you are saying does not make any sense at all. Do you think a retail trader with his $100k profit could do this better than the pro trader I know with his $250mil per year? BS.
     
    #227     Sep 22, 2019
  8. lentus

    lentus

    I'm sorry, do you expect idiots on a retail forum to make sense?
     
    #228     Sep 22, 2019
    traderslair likes this.
  9. trdes

    trdes

    There's always exceptions and that's just one person you know. I don't understand how we can completely disregard or disprove his statement off of one person you know. Also, you never said how much capital hes trading to make the $250mil a year. Lastly maybe the 100k guy makes more percentage, so who's to say he couldn't learn to trade more size?
     
    #229     Sep 22, 2019
  10. lentus

    lentus

    unfollow thread. trashfire
     
    #230     Sep 22, 2019