Is day trading worth it?

sellindexvol66 said:
Rally, don't get caught in a 'surfer vortex' , these guys are begging for edge as clear as day. I know it's not right for even an Internet persona to mock what's been accomplished by a few of us..instead just count the positive things making us wealthy here have done.

Save the edge advice for people who know what to do with it!
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Im not mocking anyone. I just want to see it because where (if) it exists there is another source of real income ( biz or whatever).

surf
 
Aj2014 said:
I love all the 'edge' talk :) lol
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All talk and no action makes "successful" home traders rather dull boys. Let me demonstrate how action is done. The spread on this at this hour is crazy, and I am paying through my nose. My bucketshop probably thinks Christmas has come early.

dsuT
 
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marketsurfer said:
Show it to me. Im not talking about W2's , audits or any other nonsense. Show me any at home,DIY day trader with no other source of income and no inherited wealth or succesful spouse who has lived the equivalent lifestyle greater than a McDonalds or other low level manager /chef for a decade or longer.

They don't exist and dats a fact

Surf
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Show you what? A decade worth of statements so you can say they are fake or that they werent flat every close so that's not a daytrading? Listen, stop acting like an idiot and put your grown up shoes on. Showing you the right way would involve attorneys and tax records. That is why i asked you how much you were willing to pay for it. Make it worthwhile and i am certain you will be shown.
 
marketsurfer said:
Show it to me. Im not talking about W2's , audits or any other nonsense. Show me any at home,DIY day trader with no other source of income and no inherited wealth or succesful spouse who has lived the equivalent lifestyle greater than a McDonalds or other low level manager /chef for a decade or longer.

They don't exist and dats a fact

Surf
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Funny, I use to think the same thing about ES daytraders.

until I met a few guys trading 100lots and grabbing ticks with $MM accounts.
 
ExperiencedJoe said:
An edge is when you truly understand the market. A curve fitting is not an edge. So most people don't have an edge, they are merely gambling on the potential extension of past patterns. But the motive force in the market never looks backwards, it only seeks profits that lay ahead.
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When does "potential extension of past patterns" become an edge, never? That's fine. If I can have a few more decades of "successful gambling" then I'll take that. I don't care what happens in a century from now. Ironically you haven't found either, so you're truly the right person to talk.
 
Just another unsuccessful wannabee seeking attention and projecting his own failures. Place on ignore and stop quoting / replying as you are only enabling this bitter troll.

All this taunting is merely a ploy to extract information, he isn't deserving. Why reward people for negative behavior?
 
i just read a conversation on another forum where someone says thaey use a ''10 second tick chart'' Is this a real thing?
a 10 second chart makes a new bar every 10 seconds, and a 10 tick chart does so every time 10 trades has taken place.
What's a 10 second tick chart, though?>
 
d08 said:
When does "potential extension of past patterns" become an edge, never? That's fine. If I can have a few more decades of "successful gambling" then I'll take that. I don't care what happens in a century from now. Ironically you haven't found either, so you're truly the right person to talk.
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I don't think you trade or gamble. If you really want to convince me, you have to demonstrate you are gambling. Just put up a few bets: say red or black and how many of those round things you put on the colour. I already know you don't trade. So you don't have to demonstrate that part.

I haven't found what ? How do you know I haven't found what I was looking for ?
 
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