Originally posted by OldTrader
Impossible, eh? Random? Amazing, how people who can't seem to trade ALWAYS come to this conclusion. You and the professors that all believe in the random walk.
What you did was you discovered some of the MANY ways to trade that do not work. You figured that all you had to do was spend a little on some software package that had the same indicators that everyone else has access to, and the road to riches was insured.
Perhaps you assumed that you didn't have to THINK? Your competitors after all are some the brightest people on earth. Do you really think you're going to beat them at their own game with MACD and a few thousand in your day trading account? LOL!
Regardless, short term trading is not easy. If it were, everyone would be doing it. And let me assure you of one other thing....swing trading for a couple of days is not any easier.
OldTrader
Well said