The secret of daytrading

The mediocre:
Critic but do not dare,
judge but is not capable,
aspires but envy,
points but is cowardly,
It is useless but it exists.
 
The mediocre:
Critic but do not dare,
judge but is not capable,
aspires but envy,
points but is cowardly,
It is useless but it exists.
Cut copy paste expert. Other people's words. Dime a dozen. Funny
 
Does anyone know the secret of daytrading?

There is no "secret" to day trading. It's exactly the same as other trading... only shorter time frames.

There are the exact same number of "advancing" and "declining" phases for any market over any time frame. Only diff is the magnitude.

What do you do with that info?
 
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It's true, only that the short-term trend is more random.
You have to be quicker to open it when you have to open it and close it when you have to close it.
 
Scat,

I think if a trader can take more of the range out of the market that it is willing to give directionally (one trade vs many smaller trades in the same amount of time) then that trader is a wizard!

ES

There is no "secret" to day trading. It's exactly the same as other trading... only shorter time frames.

There are the exact same number of "advancing" and "declining" phases for any market at any time. Only diff is the magnitude.

What do you do with that info?
 
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