Why do longer term traders hate day traders

Discussion in 'Professional Trading' started by Sky123987, Sep 1, 2008.

  1. Lucrum

    Lucrum

    Maybe it's jealousy.
    I mean given a choice, would you rather be a "gunslinger" or sitting in a rocking chair sipping your Geritol and reading the WSJ?
     
    #21     Sep 2, 2008
  2. Because they make money and most daytraders don't.

    Because they manage millions, even billions and most daytraders don't even have $100k in their accounts.

    Because they are rich and famous and most daytraders fade into oblivion completely broke.

    That's why.
     
    #22     Sep 2, 2008