70 percent of all trading is done by major instutions with advanced computers located next door to the NYSE to reduce latency. They are the biggest competition.
who are we playing against as retail traders?
- Thread starter mute9003
- Start date
They are the biggest players. They are not competitors of us small fry.
Aside from ourselves, then who?
Everyone and nobody.
The trader on the other side, big or small but mostly .... our individual selves.
The retail trader just need to trade everyday in SIM on small time frame charts and do the best they can to grow a small account to big account.
With the failure rate being what it is, what are the probabilities that a retail trader will grow a small account into a large account by trading every day?
Hello deaddog,
What else choice do retail trader has sir?
Like, serious what else choice does a retail trader have?
Trade or be poor. PERIOD.
He doesn't have to trade every day. Swing trade or position trade will probably be better and more profitable strategy.
The best way to make money is not to lose it.
Trading a SIM account does not allow a trader to grow a small account to a big account. Only a real account will allow that to become true.
swing trading takes too long. day trading get more trades per day.