Why Daytrade????

Quote from jwecme:

The reason people day trade is simple, it offers the highest potential return out of all forms of trading for the smaller accoutn holder.

The market moves a greater distance than its low to high for the day therefore the lower your trasnactional time frame the greater potential for profit until liquidity issues negate this advantage.

Whether one can capture thsi extra movement consistently is where the real question lies.
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yeah, your right. however the key word is "potential"

surf
 
I day trade for the "big di#@ed" gains and fame associated with a pro trader. My buddies make millions doing it year after year.
 
i don't limit myself

i daytrade futures.

i swingtrade stocks (mostly) and to a lesser extent futures and options (usually spread trades)

i also longterm invest in stocks, and to a lesser extent commodities.

i daytrade for INCOME

i invest for WEALTH
 
daytrading gives you alpha and higher margins


[

QUOTE]Quote from jwecme:

The reason people day trade is simple, it offers the highest potential return out of all forms of trading for the smaller accoutn holder.

The market moves a greater distance than its low to high for the day therefore the lower your trasnactional time frame the greater potential for profit until liquidity issues negate this advantage.

Whether one can capture thsi extra movement consistently is where the real question lies. [/QUOTE]
 
a buy and hold investor or swing trader would be flat but a active daytrader gets 'alpha' or profit faster to take the cash out of the account.
 
Retire 45! A stock or other instrument can go up or down 20% in a month or be sideways as an example. A good daytrader can squeeze more percentage out per month from the movements and volatility from the same insturment...perhaps 30-40%. Check out the Trader p/l 2007 thread or Puretick.com or our Member MBAgearhead...$100 into over $800k so far this year, I doubt swingtraders could do the same! Just because you don't understand it doesn't mean it is not being done!!

I'm a swingtrader also and have tried some daytrading lately.
If I could squeeze 1-2% out of the market daily, consistently I would surely prefer to daytrade...alot more profitable not to mention compounding. I am working to undertand daytrading better.

Any guidance is appreciated .

Lucky
 
Retire 45! A stock or other instrument can go up or down 20% in a month or be sideways as an example. A good daytrader can squeeze more percentage out per month from the movements and volatility from the same insturment...perhaps 30-40%. Check out the Trader p/l 2007 thread or Puretick.com or our Member MBAgearhead...$100 into over $800k so far this year, I doubt swingtraders could do the same! Just because you don't understand it doesn't mean it is not being done!!

I'm a swingtrader also and have tried some daytrading lately.
If I could squeeze 1-2% out of the market daily, consistently I would surely prefer to daytrade...alot more profitable not to mention compounding. I am working to undertand daytrading better.

Any guidance is appreciated .

Lucky
 
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