WIll Day Trading ever stop being profitable?

Discussion in 'Trading' started by Kastro_316, Jul 30, 2002.

  1. Hey Everyone.

    Im sorry but im "Green" but will day trading ever become non profitable?

    I want to become a day trader, but ill be of legal age in 3 years, will day trading be profitable still by that time?

    Sorry if this seems very immature

    Thanx
     
  2. marcD

    marcD

    I heard that daytrading will cease to be a viable way to make a living sometime around April 19, 2005. I could be off by as much as a few weeks though.
    MarcD
     
  3. ANCHOR

    ANCHOR

    LOL:) :p :D :p :D :p :D
     
  4. For some it will for others will not.
     
  5. peter77

    peter77

    I heard it was around 1 PM on April 18, 2005 when daytrading will no longer be profitable. You're off by a day because 2004 is a leap year.
     
  6. Babak

    Babak

    Fidel ... is that you taking pot shots at capitalism again?
     
  7. marketsurfer

    marketsurfer Vendor

    hi,

    i suspect yours was a serious question, if not, here it goes anyway. excellent question--daytrading equities will cease to be profitable if the following events occur: 1. regulated out of existence. 2. equity market goes flat. i believe a little of both will occur within 10 years.

    best,

    surf
     
  8. nike

    nike

    i think if you are good, you can make money in any market condition.
     
  9. News to me when did it become profitable????
     
  10. Ok, yea it was a serious question..HAHA sorry.

    I just wanted to know when i get out of college will it still be profitable?
     
    #10     Jul 30, 2002