Same awesome candles and harmonic patterns and fibonaccis and retracements and tops and bottoms and shoulders and what have you as all other index futures
Study says Daytrading for a living is virtually impossible.
- Thread starter traderslair
- Start date
Dunno about Brazilian market futures, but the ETF "EWZ" is big enough to handle some size.
Yeah, its not available in many data programs but it is available is some. Same with brokers...most do not have it and some do have it.
It's one of those markets that requires a trader to understand the dynamics of the economy, geo-politics and such. Thus, its influence with a lot of fundamentals and someone really shouldn't be trying to trade it with technical analysis only...nothing else.
If a broker or charting program has it...its probably one of those expensive data package addon because of the region location.
wrbtrader
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Sorry to contradict you but they actually continued to track those that still traded after one year, just that the results were not encouraging either:
The number of days traded above 300 days is unspecified. Chances are there's a high drop off rate.
The study is flawed.
It's the equivalent of studying the arithmetic ability of children, but discontinuing at age 2 and concluding 99% of children cannot do arithmetic.
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Truthbomb
All Studies are pretty much rubbish as the person doing generally has a bias.
My mate who's suffered a knee injury been unable to run for 3years, believes a study that states running doesn't hurt your knees, while adding a long list of subjective exceptions which kinda proves the point it does.
You are my hero. Those who can make a good living day trading full time are truly special.
