Is day trading worth it?

Absolutely. If someone is saying he's got this, he's got that, blah, blah, blah, I'd like to see some evidence.

Would you be upset if I go to that thread and shut the guy down ? That could potentially end all your dreams.
Is there a photo of him sitting in one of these seats ? You shouldn't buy stuff so easily or you could end up out of pocket.

What did he say his purpose was in that thread ?

Ok, I just called CME and they say they currently don't allow photo taking with your seat.
strange huh ?
I'll try ICE next and keep you posted of the results.
 
Ok, then 2 distinct characteristics of successful traders so far:

1. Can't show ability to trade because you must pay first
2. Can't show seat at exchange because CME says so

Keep this stuff coming, I am putting together a list of what makes successful traders.
 
3. Take the other side of ExperiencedJoe ?

Anyway, take a look at this:

http://www-stat.wharton.upenn.edu/~...um/TrendFollowing/citigrouptrendfollowing.pdf

It may give you a few ideas


thanks for posting the paper- while it has nothing to do with daytrading or the topic of this thread---- this is what makes elitetrader great, the sharing of real info. I am taking a close look ( and sharing with a few friends) at the method to double check the conclusions. sumthing just dont seem right---- but thats just first glance. surf
 
thanks for posting the paper- while it has nothing to do with daytrading or the topic of this thread---- this is what makes elitetrader great, the sharing of real info. I am taking a close look ( and sharing with a few friends) at the method to double check the conclusions. sumthing just dont seem right---- but thats just first glance. surf
http://www.celebritynetworth.com/richest-celebrities/tom-dwan-net-worth/

ask him was risk worth it?
doing what he love, got rich too
 
Last edited:
Excellent. Now the random number generating curve fitters here will have something to learn from. Perhaps they will become successful one day, and show us what they can do.

What are you expecting? That someone will come to this thread, post broker statements indicating that he makes money every day, tell you exactly when he trades and why, just so that you can imitate him?
 
  • Like
Reactions: d08
Back
Top