Is Daytrading difficult or impossible ?

I've been burned one too many times believing people...never again. From now on, all parties are presumed guilty until unequivocally proven not to be a fraud.
At the end of the day, it's irrelevant. We are each our own island and make our own way. You can listen to someone and determine if they have something worthwhile to say but the only thing that matters is what YOU do.
 
At the end of the day, it's irrelevant. We are each our own island and make our own way. You can listen to someone and determine if they have something worthwhile to say but the only thing that matters is what YOU do.
yep, agree 100%
 
Any daytraders with audited 10+ year returns?

I think a few of Market Wizards were daytraders but I'd have to flip through the series again to check.

This Japanese day trader made $150 million USD for last ten years from his bedroom according to Bloomberg news. It is doable if you are a day trader. Day trading is entirely another beast. The REAL good ones understand the market like no others can. Day trader compounds his returns in days. Swing trader compounds in weeks. Investors compound in years.

Daytrader made $34 millions

https://www.bloomberg.com/news/arti...-panicked-japanese-day-trader-made-34-million
 
Any daytraders with audited 10+ year returns?

I think a few of Market Wizards were daytraders but I'd have to flip through the series again to check.
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Having been thru an audit; try not to tick the IRS off,SHx. Another big problem with daytrading, it was only noted in a few sentences in a IBD 450/+page book .He like$ red , white + blue /daily barcharts; prefer candlecharts. I think investors lie much , much more than daytraders; there are so many more investors, who profit.Some MZ top traders[daytraders] as you may have noted , do NOT use IBM, GM as market leaders
 
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Having been thru an audit; try not to tick the IRS off,SHx. Another big problem with daytrading, it was only noted in a few sentences in a IBD 450/+page book .He like$ red , white + blue /daily barcharts; prefer candlecharts. I think investors lie much , much more than daytraders; there are so many more investors, who profit.Some MZ top traders[daytraders] as you may have noted , do NOT use IBM, GM as market leaders
Yep, investor bragging is the stuff of cocktail parties, especially after a few. Often best to not go into it with non-traders.

I had a very good friend who was one of the best traders I knew who tragically died this past January who used to answer when asked what he did, said..."I am semi-retired and fool around on the computer at home."
 
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