Consistently Profitable Day Traders

[Norm]

What evidence is there that consistently profitable day traders actually exist?

 

[Discipline]

My 1040 forms.

 

[brokerboy]

this is just a poor me thread

 

[Norm]

Does anyone have a serious answer?

 

[TakeAChance]

Are you suggesting profitable day traders are like Santa?

 

[traderpro]

Quote from Norm:

What evidence is there that consistently profitable day traders actually exist?


That it is still around. If consistently profitable day traders didn't exist some firms would shut it down.By your question you may be around the wrong people.

 

[Norm]

Because of luck or favorable market conditions, many people can trade profitably for a period of time.

I would like to know if there are very many people who are consistently profitable. That is, they are capable of earning a living year-after-year, through bear markets, bull markets, and sideways markets.

I've seen people come and go at prop shops and day trading schools. But, the scope of my vision is certainly limited and I'd just like to know the reality of day trading for the long term.

 

[CoralReef]

I think he wants people to post tax returns. PDF file would be perfect. Who wants to go first.

 

[Norm]

The flat earth society is still around. That hardly validates it.

And, if I am hanging around the wrong people, where do you suggest that I ask the question?

 

[mschey]

Quote from Norm:

What evidence is there that consistently profitable day traders actually exist?

Why don't you stop by and see me some time...spend a few days...and judge for yourself if I am or am not consistently profitable. I am in San Diego.

Mike