Does high volume trading = big profits?

listedguru · Nov 9, 2003

Just wondering what the general consensus is about those high volume daytraders - you know the one's who trade 200K shares per day (or more). Do you think this style of high volume trading leads to bigger profits and more successful trading? Or does it just equal a lot of churning and wasted commissions? Does bigger volume = bigger success in the daytrading world??

-Guru

shneed · Nov 9, 2003

It depends if you are trading 1000 share lots, then you are probably churning. On the other hand, if you are trading 5k to 10k per position then its a different story.

shneed

EMini-Player · Nov 9, 2003

Quote from listedguru:

Does bigger volume = bigger success in the daytrading world??

-Guru

I don't think higher volume = bigger profits. It's the QUALITY not the Quantity that counts. Of course, if you have the quality part down; then increasing the quantity should result in more dollars in profit.

-Fast

goodscalp · Nov 9, 2003

It certainly results in bigger profits for the prop. firm
particularly when you are trading on a per share basis.

Mecro · Nov 9, 2003

Quote from listedguru:

Just wondering what the general consensus is about those high volume daytraders - you know the one's who trade 200K shares per day (or more). Do you think this style of high volume trading leads to bigger profits and more successful trading? Or does it just equal a lot of churning and wasted commissions? Does bigger volume = bigger success in the daytrading world??

-Guru

I've my best days with volume of 50k and less

howardy2k · Nov 9, 2003

an experienced scalper with a good batting average doing many trades with size will lead to bigger result. but there is a real limit as to how much size one can do when scalping

murray t turtle · Nov 10, 2003

Quote from listedguru:

Just wondering what the general consensus is about those high volume daytraders - you know the one's who trade 200K shares per day (or more). Do you think this style of high volume trading leads to bigger profits and more successful trading? Or does it just equal a lot of churning and wasted commissions? Does bigger volume = bigger success in the daytrading world??

-Guru

===
Time frame is secondary;
and skill ranks higher than volume in profits .

===

Make hay while the sun shines.

- Solomon, trader king

chasinfla · Nov 10, 2003

high volume trading = big expenses.

for me it was a low risk strategy as well.

TraderRC · Nov 10, 2003

I tend to do more volume when I am forcing the issue . Low Volume more focus= bigger Profits. Unless your taking bigger positions