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  1. cornix

    Tired of the doom and gloom traders

    There's a common psychological reason why such people post here: they need to rationalize why they are losing and they feel better when they meet people with similar issues. One of basic rules of social psychology applied to business says though: boot even the best specialist in your company...
  2. cornix

    Day trading is losers game

    But what's the reason it's 6? Why not 4 or 10?
  3. cornix

    Day trading is losers game

    Why particularly 6? And that's regardless of the number of trades made?
  4. cornix

    Day trading is losers game

    I see i see... That's what you call "losers game" then? :D
  5. cornix

    Day trading is losers game

    How long is "consistent basis"?
  6. cornix

    Day trading is losers game

    Find someone besides Jack Hershey on ET who claims doing that... or maybe that's you? :D
  7. cornix

    Day trading is losers game

    You didn't answer my question earlier: how do you think, what size is it possible to day trade in EURUSD (one of the most liquid markets in the world) in order to make billions and not incur slippage which would kill your day trading egde at the same time?
  8. cornix

    Day trading is losers game

    You seriously consider 100% ROC per year hardly possible for a successful day trader? :)
  9. cornix

    Day trading is losers game

    Indeed, retail commission for CL is how much, like $5/car/RT? That's truly negligible compared to the great moves CL regularly has.
  10. cornix

    Day trading is losers game

    Frankly, I never trusted those fancy looking sites selling courses too, mainly because successful trading is not as easy as "buy PDF course, read it and make tons of money". Can't say I didn't buy a few systems and courses in the beginning of my trading journey, one of the brightest samples to...
  11. cornix

    Day trading is losers game

    No, I didn't hint that. By the way, I got very lucky myself to get even more than one quasi-mentor who never charged me a penny. So not all people who post on the forums are scams.
  12. cornix

    Day trading is losers game

    I believe average probability of a retail newbie to succeed at day trading is like 1-5%, provided she/he does it all alone without any luck of getting real help from some experienced person. With good help, this chance increases significantly and depends mostly on the degree of dedication of the...
  13. cornix

    TA is proven to work while junk theories on TA fail

    You would like it to be true, because it would mean you are not alone, right? :)
  14. cornix

    Day trading is losers game

    ...and at the same time you admit that you struggle to profitably day trade for 5 years already, simultaneously calling day traders "dumb" and having "no knowledge about probability etc." in the thread started by yourself and named "day trading is a losers game"... Think I'm starting to...
  15. cornix

    Day trading is losers game

    Does "trying to implement" mean that you are still struggling to succeed in day trading? Do you believe theoretically one can day trade EURUSD to billions of net profit? What do you believe is the maximum order size executed in spot FX without significant slippage?
  16. cornix

    Day trading is losers game

    It sure is, but the question is: do you currently day trade or not? Just one example of common sense applied please, of solving liquidity problem on a given market without changing the trading style and the market traded itself.
  17. cornix

    Day trading is losers game

    So you admitted day trading is "very difficult", but still keep day trading currently? What makes you think one can solve liquidity constraints without changing the trading style and the market traded? How would you change the fact that, say 6E liquidity is what it is and not more than that?
  18. cornix

    Day trading is losers game

    So you quit, because you found it very difficult, right? Are you aware that your math presented in this sentence is way wrong if applied to trading reality? Do you know that reality of trading on size has many constraints, which you are unaware of, because you apparently have never traded...
  19. cornix

    Day trading is losers game

    So you day traded for 5 years and failed? Or were you profitable? [b] What is "common sense"? And how does it tell you nobody of this forum participants makes 100% per year day trading?
  20. cornix

    Day trading is losers game

    Are you sure what you consider "clues" is not your subjective perception, based on the fact you don't believe day trading is possible? What exactly and how exactly did you backtest?
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