Day trading is losers game

Quote from riffrafffpatrol:

Hey Olix....

Do you think Scott Redler is a scam? Mike Lee? Steve Levay? Pete Renzulli? Mark Sperling? Evan Lazarus?

Check out T3. Real traders. 100% total transparency. And they offer education and mentoring.
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Those any good at trading will stick to trading ,at 100 to 1 margin ,magnifying their profits by 100 to 1 and becoming billionaires.

The failed ones will appear like old farts everywhere.Just noisy farts.
 
Quote from PHOENIX TRADING:

Well good luck , I think you're gonna need it.

I read a study put out by finance professors , I believe it was the brokerage info from taiwanese market .
conclusion only 1% of day traders are consistently profitable and the more frequently you trade in general the worse your results.
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You obviously did not comprehend the information you "read". The survey was related to stock trading ,not futures.

In general, this thread is related to futures.
 
Quote from oilfxpro:

Those any good at trading will stick to trading ,at 100 to 1 margin ,magnifying their profits by 100 to 1 and becoming billionaires.

The failed ones will appear like old farts everywhere.Just noisy farts.
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You scare the shit out of me with your drivel. Please don't try to trade.:mad:
 
Quote from Macho:

1)You obviously did not comprehend the information you "read". The survey was related to stock trading ,not futures.

In general, this thread is related to futures.
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Right , gotcha: cause futures trading is sooo much easier than trading stocks.

:D :D


1) How would you know?
 
Quote from oilfxpro:

Those any good at trading will stick to trading ,at 100 to 1 margin ,magnifying their profits by 100 to 1 and becoming billionaires.

The failed ones will appear like old farts everywhere.Just noisy farts.
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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?
 
Quote from cornixforex:

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?
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100 times a day in lots of $5m/10 m each trade , spaced out through out the day.
 
Quote from oilfxpro:

100 times a day in lots of $5m/10 m each trade , spaced out through out the day.
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Find someone besides Jack Hershey on ET who claims doing that... or maybe that's you? :D
 
Quote from cornixforex:

Find someone besides Jack Hershey on ET who claims doing that... or maybe that's you? :D
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Me and some of these ol farts make more noise on radio and cnbc.
 
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