Daytrading becomes more difficult because of algorithmic trading?

[henry76]

This isn't a team sport , trying to hook up with "winning day traders " is not the goal ( as above ) but to become a winning day trader, then tell people who try to hook up where to get off.

 

[777]

This isn't a team sport , trying to hook up with "winning day traders " is not the goal ( as above ) but to become a winning day trader, then tell people who try to hook up where to get off.

Poor advice to give someone seeking to learn., especially when it comes to trading.

"Be around people whose behaviors are better than yours and you will drift in that direction," Warren Buffet

Most of the world's greats had mentors and they openly acknowledge this.

 

[777]

Hi, I'm going into day trading, it looks like it makes sense, there're some working patterns, but I hear sometimes that it's getting harder because of robots, patterns work worse. As a day trader do you feel the same? For how long there're still money?

I strongly suggest you get the book Traders of the New Era as it answers many of the questions you will have.

The most accurate book addressing trading in modern times I have see-- a collection of interviews with mostly winning traders and savvy people in the industry.

The author is a winning trader himself who posts on this site.

 

[bazaartrading]

day trading is easy if you know the technical analysis and know how to read charts. Nowadays, artificial intelligent are used to make work easier.

 

[henry76]

Poor advice to give someone seeking to learn., especially when it comes to trading.

"Be around people whose behaviors are better than yours and you will drift in that direction," Warren Buffet

Most of the world's greats had mentors and they openly acknowledge this.

There's a difference,they arn't day traders asking other day traders.

 

[comagnum]

If you can't find a way to make $ in the market - try looking harder. Swing trading & day trading is alive & well. Old school chart patterns for swing trades and volume breakouts from congested price zones is ringing the register with day trades.

 

[odlareg]

Go into the painting to see what is going on and you will find plenty of opportunities.

GO

 

[qlai]

I dont daytrade stocks at all as risk is harder to define .

You mean as compared to other timeframes, ,instruments, or trading styles? Not sure what you meant.

 

[SunTrader]

Hi, I'm going into day trading, it looks like it makes sense, there're some working patterns, but I hear sometimes that it's getting harder because of robots, patterns work worse. As a day trader do you feel the same? For how long there're still money?

Robots make it harder ... for other robots. Computational type or human type.

 

[ElectricSavant]

History repeats itself...the ranges are narrow.

ES

Hi, I'm going into day trading, it looks like it makes sense, there're some working patterns, but I hear sometimes that it's getting harder because of robots, patterns work worse. As a day trader do you feel the same? For how long there're still money?