No day trader on this planet can make yearly profits

No sir, could not day trade the underlying worth a damn.

Correction: But I have been doing OK swing trading the underlying.

Good to hear. I'm becoming partial to swing trading myself. I've been making weekly trades on Fridays that have been generally working out well which are not as profitable as day trading but $/hour is much higher.
 
The day AI rules trading is the day markets .... freezes up.
There is still some distance to go... we will have to wait for a long time before AI could perpetrate a fraud.. and I don’t mean an algorithmic price spoofing...
 
Good to hear. I'm becoming partial to swing trading myself. I've been making weekly trades on Fridays that have been generally working out well which are not as profitable as day trading but $/hour is much higher.

Use caution at ATH. Trust me on that. :-)
 
How do you mean?

..."I'm becoming partial to swing trading myself..."

Be very careful swinging longs at all-time-highs. Especially now. Hey, I do feel a Santa rally is upon us. All things being equal I would be long right now on a swing. There's just one niggling bit hanging around, and that is Trump and the latest tariff deadline of Dec 15th.
 
Good to hear. I'm becoming partial to swing trading myself. I've been making weekly trades on Fridays that have been generally working out well which are not as profitable as day trading but $/hour is much higher.
Frankly I don't track $/hr, I only track absolute $$$ I have at the end of every year.
 
..."I'm becoming partial to swing trading myself..."

Be very careful swinging longs at all-time-highs. Especially now. Hey, I do feel a Santa rally is upon us. All things being equal I would be long right now on a swing. There's just one niggling bit hanging around, and that is Trump and the latest tariff deadline of Dec 15th.

Ah gotcha. Here's an interesting weekly chart. Might (edit: not) be a dip before the rally.

upload_2019-11-15_22-59-26.png


Frankly I don't track $/hr, I only track absolute $$$ I have at the end of every year.

I personally care more about $/hour right now. As long as it's positive!
 
..."I'm becoming partial to swing trading myself..."

Be very careful swinging longs at all-time-highs. Especially now. Hey, I do feel a Santa rally is upon us. All things being equal I would be long right now on a swing. There's just one niggling bit hanging around, and that is Trump and the latest tariff deadline of Dec 15th.
The beauty of options is you can swing long even if you are bearish or worry about ATH.

Just go long put instead of long call. :D:cool::p
 
Back
Top