If you care to be taken seriously on ET, you need to cease with the stupid talk.
Intraday does not make sense.
- Thread starter TTT
- Start date
You insist on stupid talk, so ON IGNORE!! (Not angry at you or anything, but you obviously have nothing of value to say, so why bother reading what you post?)
Why Intraday make sense:
When I traded intraday it made sense to me for the following reasons.
No overnight risk. I was in cash at the end of the day. There was nothing that I couldn't control that would affect my capital.
It helped with developing trading discipline. Knowing that I would be in cash at the end of the day I was less likely to let my losses grow while I hoped for a turn around.
Most important it teaches you about yourself and if you are able to control your emotions. Your trading results are your responsibility.
When I traded intraday it made sense to me for the following reasons.
No overnight risk. I was in cash at the end of the day. There was nothing that I couldn't control that would affect my capital.
It helped with developing trading discipline. Knowing that I would be in cash at the end of the day I was less likely to let my losses grow while I hoped for a turn around.
Most important it teaches you about yourself and if you are able to control your emotions. Your trading results are your responsibility.
maxinger,
You are 100% right.
As a trader, I can careless what works or doesn't work. All I care about is what I am doing makes money. Cause time is ticking.
Find a strategy, intraday or whatever. Or just say F&$^K a strategy. Wake up every morning and just make some money and reduce some risk.
Or find a strategy that don't work and make it work. Just get busy.
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Better for who? There is no right answer in trading time frames.
Please try not to generalize your own preferences on others. It is just not right.
Anyone who goes looking for reasons NOT to do something will always find them. I prefer to spend my time looking for things that work for me.
Oh man another TTT thread challenging all you day traders...and you fell for it... this is the same guy who started threads asking for the secret to daytrading and for people to give him their method...