Daytrading may die this year

Any trader worth his salt has a big, fat cushion from 2008 to help him get through any supposed tough market. Good traders can make $ in any market though.
 
it's a lot easier to make money daytrading in bull markets, there is just more volume.

Quote from lescor:

Any trader worth his salt has a big, fat cushion from 2008 to help him get through any supposed tough market. Good traders can make $ in any market though.
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only people left will be professional market makers and real investors. isn't that what the market is created for.


Quote from NY_HOOD:

the daytrade community may dwindle down to nothing as few daytraders are able to weather the storm. that said, with all the unemployed wallstreeters,perhaps some will resort to trading. i mean,where else will an unemployed wall street guy go if he can't find a job?
any comments,just bored.
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no, bad traders will most likely die. Markets will continue, all be it on low volume eventually.

Plenty of Markets to trade from all over the world.

There was a reason the NYMEX open the Dubia Exchange, then there is LIFE, Asian Exchanges, etc to trade.

Just like the 9 to 5ers being laid off, you might have to go to another market to trade, where the money is.

If you can't adapt you will be extinct. That is a rule of Nature.

Those traders that adapt, will continue. Those that do not, will die. Same with Markets.
 
i think many people including those with retiurements accounts will grow and sick and tired of wall street and invest in much leass risky instruments opposed to stocks. this will invariably hurt volitility. the market is going to be much different for a long time. imo
 
Quote from NY_HOOD:

the daytrade community may dwindle down to nothing as few daytraders are able to weather the storm. that said, with all the unemployed wallstreeters,perhaps some will resort to trading. i mean,where else will an unemployed wall street guy go if he can't find a job?
any comments,just bored.
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I thought daytraders couldn't fail according to this forum.
 
Quote from tradersboredom:

it's a lot easier to make money daytrading in bull markets, there is just more volume.
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And less volatility. I'd take a repeat of the 4th quarter of '08 over the most raging bull market in history.
 
Trading should be excellent this year, especially for index futures. Lower, but still decent VIX, and a nice trading range.

Just continue to short any show of strength. :p
 
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