Can someone explain what makes daytrading difficult?
| curious national cuckold | 01/19/18 | | fragrant angry cruise ship striped hyena | 01/19/18 | | curious national cuckold | 01/19/18 | | Electric cocky regret ape | 01/19/18 | | curious national cuckold | 01/19/18 | | Electric cocky regret ape | 01/19/18 | | Amethyst Native Sweet Tailpipe | 01/19/18 | | curious national cuckold | 01/19/18 | | alcoholic excitant toaster sanctuary | 01/19/18 | | Sickened violet station associate | 01/19/18 | | elite business firm | 01/19/18 | | At-the-ready fortuitous meteor | 01/19/18 | | flirting toilet seat market | 01/19/18 | | Amber learning disabled stead | 01/19/18 | | Sickened violet station associate | 01/19/18 | | Twinkling Ratface Circlehead | 01/19/18 | | Carnelian degenerate locus | 01/19/18 | | Medicated nursing home feces | 01/19/18 | | elite business firm | 01/19/18 | | Navy misunderstood piazza | 01/19/18 | | yellow nubile ladyboy | 01/19/18 | | curious national cuckold | 01/19/18 | | Pale soul-stirring house | 01/19/18 | | Bespoke Outnumbered Rehab Cumskin | 01/19/18 | | curious national cuckold | 01/19/18 | | fragrant angry cruise ship striped hyena | 01/19/18 | | curious national cuckold | 01/19/18 | | Bespoke Outnumbered Rehab Cumskin | 01/19/18 | | curious national cuckold | 01/19/18 | | Crawly factory reset button den | 01/19/18 | | grizzly aromatic skinny woman home | 01/19/18 | | curious national cuckold | 01/19/18 | | grizzly aromatic skinny woman home | 01/19/18 | | curious national cuckold | 01/19/18 | | grizzly aromatic skinny woman home | 01/19/18 | | Floppy whorehouse stock car | 01/19/18 | | curious national cuckold | 01/19/18 | | Floppy whorehouse stock car | 01/19/18 | | curious national cuckold | 01/19/18 | | Floppy whorehouse stock car | 01/19/18 | | curious national cuckold | 01/19/18 | | Peach Tank | 01/19/18 | | curious national cuckold | 01/19/18 | | Floppy whorehouse stock car | 01/19/18 | | curious national cuckold | 01/19/18 | | yellow nubile ladyboy | 01/19/18 | | chrome overrated chad alpha | 01/19/18 | | Pungent roommate | 01/19/18 | | stirring slippery ticket booth | 01/19/18 | | curious national cuckold | 01/19/18 | | bearded masturbator | 01/19/18 | | Appetizing Shrine | 01/19/18 | | bearded masturbator | 01/19/18 | | elite business firm | 01/19/18 | | flickering henna field international law enforcement agency | 01/19/18 | | curious national cuckold | 01/19/18 | | flickering henna field international law enforcement agency | 01/19/18 |
Poast new message in this thread
Date: January 19th, 2018 10:29 AM Author: Crawly factory reset button den
it's not difficult.
you've got a 1/1024 shot of nailing your first 10 YUGE coin flip plays. if you're the .1 percent then you'll be rolling.
(http://www.autoadmit.com/thread.php?thread_id=3864405&forum_id=2#35188511)
|
Date: January 19th, 2018 10:31 AM Author: grizzly aromatic skinny woman home
Day trading is difficult because the odds are stacked against your favor through transaction costs, data latency (if your not plugged into a big and expensive data feed system like Bloomberg or something similar you are getting stale info), short v. long term taxes, HFT and psychology.
(http://www.autoadmit.com/thread.php?thread_id=3864405&forum_id=2#35188515)
|
|
Date: January 19th, 2018 10:40 AM Author: grizzly aromatic skinny woman home
True, but those costs add up.
What I' saying is that it is a million little things that add up to make day trading difficult for most people to do effectively.
You stand a MUCH better chance when it comes to making short term dollars if you have a deep knowledge of the stock market and investing and can swing trade in a group of 2-300 stocks.
For example, two weeks ago a company I was following loosely over a 3 year period had a major news announcement that I knew would attract daytraders/speculative activity - so I bought a few hundred shares, held overnight and sold in the morning - made around 4k in a 24 hour period. That kind of stuff is really where you can make good money - but the thing is you have to be able to always spot that kind of shit - that means being constantly doing your work and reading reading reading about every aspect and facet of the market.
(http://www.autoadmit.com/thread.php?thread_id=3864405&forum_id=2#35188554) |
|
Date: January 19th, 2018 11:29 AM Author: grizzly aromatic skinny woman home
See that is what makes it difficult - you won't know what the opportunity is until it surfaces and when it does you will have as little as 30 seconds to execute on it before the risk/return configuration goes out of your favor due to price action. The "right conditions" to do short term stuff do not exist for very long.
Most people can't live like that: Waiting, waiting, waiting for something they can't describe as an opportunity until they see it - and then they have a brief instant to act on it before it vanishes.
Imagine being a hunter who is away from his family for months, hunting something he needs to feed his family for a year but he dosen't know what the animal looks like. He sees new animals every day but most of them have poison meat, and he has precious little time to slay the right beast and make a kill.
It is a psychologically tough situation - just like in the movie Rounders with Damon's character and Knish - Knish is a dude who knows what it is like to bust out so he grinds it out at the table and put his winnings into other businesses (I think he had a distribution business) so it makes his daily grind less and less tough over time until he gets to independence from the grind.
Most of my money in the market is made from long term holding.
(http://www.autoadmit.com/thread.php?thread_id=3864405&forum_id=2#35188886) |
Date: January 19th, 2018 10:56 AM Author: Floppy whorehouse stock car
First, you need a lot of money. Any consistent and successful strategy will be based on volatility and is almost always direction neutral. The more aggressive you are, the more likely you are to get wiped out.
Reliable strategy for the clueless: If the VIX high, buy S&P puts. Otherwise, short the VIX.
(http://www.autoadmit.com/thread.php?thread_id=3864405&forum_id=2#35188655) |
Date: January 19th, 2018 11:32 AM Author: bearded masturbator
I tried 'day-trading' once, when i first opened an internet brokerage account. I couldn't resist the temptation.
I got up early in the morning on my first day of 'day-trading,' watched CNBC, read a few financial blogs, and bought the stocks that everyone was saying were HOT BUYS that morning.
I lost everything. Never tried it again.
(http://www.autoadmit.com/thread.php?thread_id=3864405&forum_id=2#35188904) |
|
|