Daytrading by individuals is a losing battle with HFT. there are other ways to make money in the markets but no day trading.
Day traders pls quit while you can
- Thread starter Bear Trader
- Start date
Wise words
Guys, there us no evidence if day traders being successful in the current market. Just claims on a message board--- seriously, there is no evidence other than the fact day traders are dropping like flies due to HFT and ever changing bots. Yeah some will win even over time, just like at the casino. But overall it's dead. Otherwise produce the evidence or stop dreaming.
Exactly! We all have different belief systems.
Some are positive, some are negative.
I choose the positive, and it works. Listen to people who say "life is hard and people are mean"!
They're always right.
Or, in my case, I listen to folks who say "Life is good, people are nice, and I'm happy!"
That works too.
For me.
Exactly. If you believe day trading is dead, daytrading is dead, for YOU. If you believe day trading is gambling, then YOU are gambling. If you convince yourself that it is impossible, then yes, for you, it is impossible.
You are a loser if you convince yourself that you are a loser.
Quote from sheda:
As its so widespread and clear to you perhaps you would like to produce the evidence, select a few charts and show us
I don't need to produce the evidence. Its all around you-- where are the successful daytraders? We all know successful business people and investors but no one ever claims to have made wealth daytrading. If so, where are they outside of claims and message Board shut ins?