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    changing my mind on day trading

    It takes focus, like driving a Ferarri at 140mph, but just the same, you simply let up on the gas when you need air. The reality is it is simply being able to read the momentum, then just exit on green as a reflex. If you exit dozens of small greens, then capital risk each event is small, but...
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    changing my mind on day trading

    It's simple, money managers found out they didn't have the stomach for trading or couldn't get a knack for it. It's not for everyone, it's not for most, so they do something more docile. I don't want to debate tickers, the example I gave you are the market definition of mature companies...
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    changing my mind on day trading

    One click enters as many levels of bids you want, at whatever quantity you want, any price point, and vertical increment spacing you desire. One click removes any or all of them. I have an operational version for the public, which would be perfect for you and your students. We have a solid...
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    changing my mind on day trading

    Not sure who said "you can make hundreds of percents day trading," it wasn't me. Over the course of a year, can you beat what financial managers by executing properly? Absolutely, with consistent, repeatable techniques. You'd be hard-pressed to name any money manager ANYWHERE who will promise...
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    changing my mind on day trading

    I designed my own trading platform, for high efficiency and lightning speed. When I saw your comment on how you create certain "layered" bid set-ups, I was intrigued, as I have similar design elements within the program, which I trade with every day.
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    changing my mind on day trading

    Your comment doesn't say who you're replying to, so if it's not me, it's not me. First of all, there's nothing wrong with making 500K a year. The best money managers offer 7-15% a year. That's easy to beat trading properly, but not everyone can or has the required stomach for it. Second of...
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    changing my mind on day trading

    Day trading, if well executed, IS great. You don't tie up capital, so you can flip, flip, flip fully capitalized again, and again, and again. If you end the day flat, it doesn't matter what the market does in any session, on any open. Next day you get to cherry pick a brand new entry point. Of...
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    changing my mind on day trading

    Then, by his own definition, isn't Sprout self-identifying as a futile trader trying to change the mind of others?
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    changing my mind on day trading

    If your software was simpler and faster, do you think you'd be able to trade better in volatility? Were you able to see what you'd want to do, but things moved too fast, or not able to see what to do in a volatile moment? Do you think your win rate would improve if you could do what you could...
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    changing my mind on day trading

    Thank you very much KCalhoun for the kind words. I think it's important to share, forces you to be sharp when you explain something. I've also flipped a lot of SQQQ/UVXY, both are ETFs that run opposite the Dow (UVXY makes more sense on the long side, SQQQ for shorting, since UVXY used to be...
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    changing my mind on day trading

    The money is always made on the buy, the exit is the icing on the cake, but if the buy is bad, the trade doesn't win. So, if you're a swing trader, you're looking to buy in the lower half of a ticker's current trading band, if you're a day trader, you're trying to nail troughs and sell on peaks...
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    changing my mind on day trading

    The open is very volatile, and if you trade it, you need an extremely fast and responsive platform, which I have. It allows a spread of bids to be dropped over any range, any share quantities, on one-click, with no automation, in 1/10the of a second. All bids are removed on one click, with equal...
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    changing my mind on day trading

    No, I'm not a bot, just a trader with a lot of understanding of what moves the markets and how they are manipulated. Since the stock market is 100% manipulated, 100% of the time, it's important, if a trader wants to survive, to know "what's the game behind the game?" Not a bot, just a huuu-mon.
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    changing my mind on day trading

    They pile up all the clients orders overnight, then match up the buys and sells for max gain on a execution program, then fire them through at the open at lightning speed to win both ways. Their clients, who placed the orders, instead of trading them themselves, never even see what happens, they...
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    changing my mind on day trading

    Not actually fake-outs. It's called "meeting the market," where the brokerages execute all their overnight orders in the most profitable way (selling high to their buy orders, cashing out low their overnight sell orders), that's why you see the sudden spikes and drops at the open. The screw...
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    changing my mind on day trading

    Follow the big money, here's their basic weekly "schedule": Mon-Tues - accumulation days Wed - news Th-Fri - profit-taking days If you think Mon & Fri are bad, it's simply that: 1)-on Monday that you are not waiting long enough to enter (they will sell down...
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    changing my mind on day trading

    Correct, but it's only fear. Greed is simply the fear of missing out. All fear, all the time. Yes, if you understand what they're up to, where they're trying to steer the lambs to slaughter, then it is easy to make consistent profits day trading by executing properly through good technique...
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    changing my mind on day trading

    I agree. Since the market is 100% manipulated 100% of the time, the bigger question always evolves around "what is the intention, at this moment, of the big money moving the ticker, or the Dow?" It's human intention, not technicals, that move the market, all the time. How can the Dow start at...
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    90% failing rate , its true ?

    So unfriendly, so unfriendly...not possible to learn anything from someone who doesn't have a generous heart, definitely not the heart of a teacher. Video's a dud, no comedic punch, and you went to so much trouble, just for me, too... (sobbing over soft music) - Fade to black
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