WIll Day Trading ever stop being profitable?

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

  1. If you found January 2001-May 2002 to be tradable, you'll be able to trade in any market.
    #11     Jul 30, 2002
  2. Babak


    Highly unlikely. However even if this Dr. Strangelove scenario does occur, we'll still be left with the commodity market, bonds and fx.
    #12     Jul 30, 2002
  3. Daytrading will always be around in some form or another, and yes there will always be winners-----and losers.
    #13     Jul 30, 2002
  4. No.
    #14     Jul 30, 2002
  5. Magna

    Magna Administrator

    Good question to investigate....when you get out of college. Useless question to ask now. :eek:
    #15     Jul 30, 2002

  6. Good question, Castro/socialist.

    My question is whether Capitalism will eliminate Communism by 2005? Hmmmm.
    #16     Jul 30, 2002
  7. canuck


    first of all, I had a great laugh at some of the responses. good stuff guys.....

    you're really asking will people stop buying and selling stocks? I mean, all we are doing is buying and selling - an activity that has occured since the dawn of mankind. We just don't put our stuff in a store to sell. We buy something hoping it goes up (or down in a short) and make a profit. The only time it won't work is if every price is "correct" in that there are no buyers who think it is cheap and no sellers who think it is expensive (and all the variations that go along with that analogy)....do you really think that will happen?? Can we all just get along? Of course not.....

    If it does, you'll see me in the pork bellies pit, maybe orange juice too - a man can get thirsty trading pork all day. I guess if you are long and prices collapse, you can just eat your losses.
    mmmmm pork :D

    #17     Jul 30, 2002
  8. ddefina


    #18     Jul 30, 2002
  9. I remember asking myself all through the 90's if trend following systems were 'doomed to failure;' if I had only traded the one I designed I'd be very well off, thank you.

    IMHO, the answer is yes and no and the choice is probably yours.
    #19     Jul 30, 2002
  10. nitro



    #20     Jul 30, 2002