What is the average can a day trader manage and earn on wall street?

Discussion in 'Prop Firms' started by tonyzhou, Nov 8, 2014.

  1. Turveyd

    Turveyd

    I doubt you have any trading ability, certainly not been a post by you detailing how and what you trade, as you think it's not possible, why are you even here ???

    Other than bored and trolling which you've admitted already.
     
    #131     Nov 16, 2014
  2. AnnaG

    AnnaG


    I think I have found your self-imposed limitations. You should not limit yourself. There's no need, you can be more graceful than that.

    So you pay for the sun to rise in the morning?
     
    #132     Nov 16, 2014
  3. The market is not artificial. Imagine Turveyd bought something at 10 and offered to buy the same back at 5 (through the use of a stop). The market maker would move the price to 5 and sell to Turveyd because he asked for it. This is normal market business and not artificial.
     
    #133     Nov 16, 2014
  4. Turveyd

    Turveyd

    Not even a basic understanding of how the markets work I see here.

    MM's haven't got that much control over the markets, 10 - 20pts for Index's maybe, but not 50% of the value on a stock.

    I'm assuming as you think SL's are the reason for retail losing, which means you have a high win rate then a pretty much 100% loss, that is GAMBLING, there is no way to win doing it that way, but seems to be the rage these days.
     
    #134     Nov 16, 2014
  5. AnnaG

    AnnaG


    Yes, especially intra-day.
     
    #135     Nov 16, 2014
  6. Well I would certainly have to pay for a TV to find out from the weather woman if the sun will rise tomorrow. If it's a rainy or snowy day, then there will be no sun rising. The TV also uses electricity I would have to pay for.

    The gist of it is that for the sun to rise, I would have to pay.
     
    #136     Nov 16, 2014
  7. Turveyd

    Turveyd

    That's what makes intraday tricky, longer term? not swing traded since SEC rules 2000 ish or when ever it was stopped that party :( Retail wasn't losing back then, hence the no day trading rules to errrm protect us.
     
    #137     Nov 16, 2014
  8. You can assume anything you like. That does't make it true. The retail lose because they are on the wrong side of the business.
     
    #138     Nov 16, 2014
  9. Turveyd

    Turveyd

    Says the Assume and claim it as fact moron!

    If you understand, how they work, and 99% of retail trade, then it's fairly easy to trade against retail and make money.
     
    #139     Nov 16, 2014
  10. AnnaG

    AnnaG


    The market moves, and every part of it has its natural position. Energy moves the markets. Money is a physical representation of energy.

    Excessive short-term volatility can, however, be manufactured beyond the call of reasonableness - manipulated for the sole gain of those who are on the inside. I do not speak of all of those on the inside who are in the majority and doing their normal activities, but those who are in the minority and are very influential.

    These distortions of the market are not at all helpful, and one day the penny will drop as to how the money markets can be used as a model for understanding energy movement.

    Suffice it to say, a manipulated market is not at ease with itself. It is at dis-ease.
     
    #140     Nov 16, 2014