but it does give you something to brag to newbs about. given how often he mentions it, it appears to feel very good to say. don't discount that benefit
Quote from phoenix_rising:
My point was just that newbies shouldn't see a pretty saying and assume it is the key to becoming successful. For every trading related saying there is generally an equal and opposite saying that is just as correct.
It all depends. Tell that to Paul Rotter who supposedly does 300k per day. It depends on your style, product, infrastructure, commission, etc. Without knowing those, your statement would not be valid.Quote from spike500:
The art is not to trade as much as possible.
The art is to trade just what is necessary and make good money.
The first style impresses the newbies; the second style impresses the pro's.
Actually, I mention it when it is relevant.Quote from Avid_Consumer:
but it does give you something to brag to newbs about. given how often he mentions it, it appears to feel very good to say. don't discount that benefit

Totally agree, Joeyata. You are perfectly correct. I often try to remember to reiterate that I'm a professional trader scalping volume through a direct clearer. My commission and cost is no where near retail. Scalping is not for everybody, obviously. I will be reaching a point soon where I would love to have a way to put on 10-20 trades a day and fulfill my goals.Quote from joeyata1:
spike 500 is 100% right. when somebody comes on here and says they traded 1000 times aday they're impressed. now i like futures 71 and i think he's very honest but you msut remember he has a very small commision as he's a a seat member i belive. take a retail guy at $4 rt and try trading 600 times a day you're wiped out silly in a week or 2. i traded stocks 1500 times a day for 3 years and the quality of life sucks. one's better trading 10-20 times ad ay and catching the moves. ina choppy market the avg person will do much better scaling