Day trading a suckers game?

[notagain]

There's a study showing pension funds made most of their money on holdings held between one to four years. Funds that held less than one year lost money, day trading made 1%.

 

[nooby_mcnoob]

I logged onto the Skype bits. Want to talk?

back at desk now check ur skype

There's a study showing pension funds made most of their money on holdings held between one to four years. Funds that held less than one year lost money, day trading made 1%.

Hands up if you are a pension fund

 

[fan27]

back at desk now check ur skype



Hands up if you are a pension fund

Hands up if you are a consistently profitable day trader

 

[nooby_mcnoob]

proof

Hands up if you are a consistently profitable day trader

Not yet anyway. I'll let you know.

How would you define consistent? For that matter, how would you define day trading?

 

[fan27]

proof

View attachment 215780



Not yet anyway. I'll let you know.

How would you define consistent? For that matter, how would you define day trading?

Consistently profitable each quarter for a couple of years. I define day trading as having to stare at the screens each day, typically in and out of positions within the same day.

 

[nooby_mcnoob]

Consistently profitable each quarter for a couple of years. I define day trading as having to stare at the screens each day, typically in and out of positions within the same day.

That's reasonable. I suspect I'll get bored of day trading by that time ;-)

 

[trend2009]

That's reasonable. I suspect I'll get bored of day trading by that time ;-)

it needs super patience for day trading manually which i do not have. i choose to run robot.

 

[nooby_mcnoob]

it needs super patience for day trading manually which i do not have. i choose to run robot.

I agree. I just can't get over the line to use a robot yet...

 

[Valutiamy]

I doubt anybody who's absolutely killing it day trading is going to reply.

 

[avatar-ds]

Consistently profitable each quarter for a couple of years. I define day trading as having to stare at the screens each day, typically in and out of positions within the same day.

The "staring at the screens" part feels like a legit script for a Hollywood blockbuster.