Is daytrading easier now than a year ago?

[baggerlord]

I'm new to this game, and was wondering if this current rally is making daytrading easy. If and when this rally ends and we begin another extended downtrend, am I going to find my setups no longer working? Just curious how different it is. Thanks!

 

[EMini-Player]

From talking to some other traders, the market was much easier this time last year.

-FastTrader

 

[baggerlord]

Strange, I would have thought all the people coming back into the market would make it easier.

 

[TMTrader]

Quote from baggerlord:

Strange, I would have thought all the people coming back into the market would make it easier.

Are talking about stocks or Futures?

 

[Tea]

It was always easier in the period before the current one.

 

[DisciplinedHedg]

And there are those who found trading to be difficult recently that aren't even around anymore so can't answer...

Turnovers gotta be heavier than the restaurant business...

Quote from baggerlord:

I'm new to this game, and was wondering if this current rally is making daytrading easy. If and when this rally ends and we begin another extended downtrend, am I going to find my setups no longer working? Just curious how different it is. Thanks!

 

[ttrader]

Quote from baggerlord:

Strange, I would have thought all the people coming back into the market would make it easier.

Eery fractal curve has a certain dimension and this year the value of that dimension has risen ...


ttrader

 

[jaiko]

YES its clearly easier than a year ago !!!

Because stocks have gone up in price

 

[Scientist]

Quote from jaiko:

YES its clearly easier than a year ago !!!

Because stocks have gone up in price

That is an entirely relative assumption, to say the least.

With increasing price comes declining price leverage.

~The Scientist

 

[trade4succes]

From my perspective it's a little harder because of increasing competition in the nasdaq scalping business.