Well, it’s also possible that most traders are nerdy introverts and simply lack the charisma necessary to be in the spotlight. New times create new type of traders. Just like Elon Musk is not your typical CEO of the past. Something to consider.
And another day trader bites the dust
- Thread starter MrRenev
- Start date
Brilliant!!!
Traders trade.
Oh I guess now that we have a President that doesn't act Presidential anything is possible.
But no, if a trader has to shill ... it is because they can't trade. Period.
No one I know. The point was that stocks move more when the markets are closed than when they are open. The day trader being flat at the end of each day is at a disadvantage to the long term trader.LOL
Nice pic.
SPY after hours. Who trades dat?
No SPY is not "stocks".
Don't believe analysis by someone else unless you know exactly the methodology they are using and the quality of data that is input.
Just as an example last two days:-
ES range today (Thurs) Globex 52.75 RTH 49.50
ES range yest (Weds) Globex 30.25 RTH 48.25
Just like small daily ranges overall are followed by large ranges, after hours ranges are sometimes larger than RTH's and sometimes not.
There are advantages and disadvantages to any approach. No one size fits all.
All you need to make it as a day trader is $1k, you can easily turn that into about $4 million in as little as 7 months.
The post I was questioning is that a day trader will always outperform a long term trader.
o look, the weekly "day traders dont make money because I dont try hard enough, and Ive read studies" thread.
Im sorry to say - studies arent the end all be all, not to mention most people misinterpret the data. Most studies can be picked apart.
Appeal to authority bias is real and i see it everyday from people here and real life.
Im sorry to say - studies arent the end all be all, not to mention most people misinterpret the data. Most studies can be picked apart.
Appeal to authority bias is real and i see it everyday from people here and real life.