Day Trading is it worth ?

#22
AE says

• Markets are the most entertaining places on the face of the Earth. They are like a card game, a chess game, and a horse race all rolled into one.
• Trading is the most exciting activity that a person can do with their clothes on. Trouble is, you cannot feel excited and make money at the same time.

lol

I actually stopped playing PC games after I started trading (many years back).

1] its more fun. 2] its with real m0ney.

only difference is, in pc games..you have control over game ...in trading u dont have any control over it..but can always change position & join hand with people who were your apponents just a minute ago & can reverse again if the current is against you.
 

rohangawale

Well-Known Member
#23
Daytrading is a disciplined business.
If we keep discipline then we can earn, but over a period of time we loose our discipline and do trades with our judgement and again start loosing money. This generally happens with me. Dont know how many will agree to this
 
#24
Daytrading is a disciplined business.
If we keep discipline then we can earn, but over a period of time we loose our discipline and do trades with our judgement and again start loosing money. This generally happens with me. Dont know how many will agree to this
I am in total agreement with you. My judgement always goes wrong

vps
 
#26
Daytrading is a disciplined business.
If we keep discipline then we can earn, but over a period of time we loose our discipline and do trades with our judgement and again start loosing money. This generally happens with me. Dont know how many will agree to this
you are absolutely right.

But along with indiscipline to stick to system,
bias & hesitation are disastrous.
 

columbus

Well-Known Member
#30
Would you plz elaborate,i feel this valuable aspect has gone over the Head of many of us.:D

Somewhere I read that 90% of day traders LOSE money ,5% make money and other 5% at break-even level.As expected it was an advertisement by an investment advising company.(Certainly you are in gainers list.)It was advertisement by them to avail their services.
 

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