Why Daytrade????

Discussion in 'Trading' started by retire45, Sep 3, 2007.

  1. I forget what they called them.. was the early eighties.. I believe they were shell companies..
     
    #71     Sep 4, 2007
  2. Midas

    Midas

    Why limit yourself by not daytrading. In the markets like any endeavor; the more you can integrate into your strategy the more robust it will be.

    Maybe the question should be: why not daytrade?
     
    #72     Sep 4, 2007
  3. jagmot

    jagmot

    I see, so you haven't tried daytrading futures. It is a whole different ballgame. I don't daytrade stocks either, although I know plenty who do successfully. I just couldn't get a good working system to make money on a regular basis, I got stopped out too much.
     
    #73     Sep 4, 2007
  4. ammo

    ammo

    they ARE market makers,in the index pits known as scalpers,they are trading off floor most of the day because all the paper is now electronic
     
    #74     Sep 4, 2007
  5. ammo

    ammo

    the resistance on this move is 1492,the june 27 low
     
    #75     Sep 4, 2007
  6. vectors101

    vectors101 Guest

    because most people have real jobs that's why and don't have to daytrad
     
    #76     Sep 4, 2007
  7. vectors101

    vectors101 Guest

    Daytrading can be addicting for some people

     
    #77     Sep 4, 2007
  8. Midas

    Midas

    Vectors

    RE: because most people have real jobs that's why and don't have to daytrade

    You should rephrase the don't have to part;

    most people would rather make a 6 to 7 figure income working on their own trading the markets than working a day job. The last time I checked living the American dream did not involve clocking in at an office or factory.
     
    #78     Sep 4, 2007
  9. vectors101

    vectors101 Guest

    and most don't have $25,000 to daytrade
     
    #79     Sep 4, 2007
  10. vectors101

    vectors101 Guest

    market makers have to daytrade 300 times a day because the commission they pay is like pennies per 1000 shares and have no slippage
    and are making a market.
     
    #80     Sep 4, 2007