Why day Trade?

Discussion in 'Trading' started by casioboy, Jan 21, 2009.

  1. I trade round the clock and might be at my best level ever now

    it has been a long hard journey

    I had to have some serious drawdowns and failure along the way

    but for example last yr I made over 200K and so far this yr

    oops ... have to be humble here as mr market might be listening

    have made 35K

    we all have the ability as human beings to see things differently
    and to understand that most of what people tell us is wrong
    or if right can be made even better

    the typical daytrader is a "flea" and the typical institution battling him or her is the " BIG DOG"

    if you can understand the following short video you will be on your way to making it as a day trader

    www.youtube.com/watch?v=_8yGGtVKrD8&feature=related

    :cool:
     
    #11     Jan 21, 2009
  2. Here's why you sound confused big boy...

    casioboy


    Registered: Jan 2009
    Posts: 9


    01-21-09 01:33 PM

    Hi,

    If you are looking for a 10+ year full-time (profitable) day trading FX trader to mentor you then give me a call.

    Not cheap but you shouldn't expect it to be either.



    Tara
    x

    Now, are you serious?

    LOL chancer
     
    #12     Jan 21, 2009
  3. teasinggtara


    Registered: Jan 2009
    Posts: 9


    01-21-09 01:56 PM

    ok big boy - but what are you going to mentor me on??

    Really, what's ET becoming?

    Edit/Delete • Quote • Complain
    davidmaria1


    Registered: Sep 2006
    Posts: 517


    01-21-09 02:03 PM

    If you were casioMAN, you might get more positive response?

    Edit/Delete • Quote • Complain
     
    #13     Jan 21, 2009
  4. tradersboredom

    tradersboredom Guest

    if you only have $5,000 capital daytrading is the only way to make a living out this gig.

    you get $20,000 to $50,000 leverage depending on futures or forex or stocks.

    leverage maximum only reason to daytrade or undercapitalized.


     
    #14     Jan 21, 2009
  5. tradersboredom

    tradersboredom Guest

    portfolio managers with over 100 million is assets can't daytrade or find it feasible to daytrade

     
    #15     Jan 21, 2009
  6. tradersboredom

    tradersboredom Guest

    portfolio managers with over 10 billion under management can't even swing trade their portfolio let alone daytrade.

    that is the reason for madoff having a ponzi scheme, if had all that stock as he said he had any liquidation would crash the market. and the market isn't that liquid. all that volume is intra-day volume.


     
    #16     Jan 21, 2009
  7. BSAM

    BSAM

    To all the ET naysayers:

    See?? You have to look for the gems in ET. Yes, there is much noise here. But, do you think there is going to be a place where people constantly post excellent, direct, relevant trading information???

    Wake up! Stop whining---Get to work.

    Thanks for posting, Seth.
     
    #17     Jan 21, 2009
  8. tradersboredom

    tradersboredom Guest

    you can't buy or sell million dollar shares in the open market if the float is only 100,000 shares and the market makers these days don't hold any inventory or have any shares.

     
    #18     Jan 21, 2009
  9. How much is your expensive fee to teach this style of day trading?

    I need some stress and getting tied up to your quote machine, whatever that is.. well.. it's interesting.
     
    #19     Jan 21, 2009
  10. casioboy

    Registered: Jan 2009
    Posts: 9

    01-21-09 01:33 PM

    Hi,

    If you are looking for a 10+ year full-time (profitable) day trading FX trader to mentor you then give me a call.

    Not cheap but you shouldn't expect it to be either.
     
    #20     Jan 21, 2009