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| Discuss Is Daytrading dangerous? at the Risk & Money Management within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by deepsa52 No, the commissions and emotional stress will eat up a person. ... |
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| Risk & Money Management Discuss risk and money management techniques and methods to protect your trading capital. |
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#221
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Regardless of the time frame traded. But I would agree with vince on keeping it simple.
Last edited by rajsingh; 1st December 2007 at 02:50 PM. |
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#222
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Last edited by CreditViolet; 1st December 2007 at 11:56 PM. |
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#223
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Is crossing the road dangerous? Maybe when u r young, or blind or in stress or whatever. Trading is no different.
m |
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#224
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Not more than getting married... hands up please...
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#225
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To negate the effect of volatility the time axis is extentended to 10 /15 / 30 yrs in case of Stocks & hence Buy & Hold works better than in case of conjugal life ,many a times.
Last edited by uasish; 2nd December 2007 at 07:34 AM. |
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#226
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Van Tharp is not a trader, he is a trading coach. Curtis Faith made his millions, lost it due due to bad business debt and now is doing great again running his company tradingblox;he is a genius. Anyways, I have nothing against day trading, the reality is most people go bust day trading and many of them are newbies who do not even know what a bid ask spread is. |
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#227
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Contd, do you think the big hedge fund guys with their MBAs and CFAs and portfolio managers do day trading? Show me one.
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#228
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cont, day trading trading is advantageous for floor traders and scalpers since they get better executions on the floor- in turn they pay their millions to get a seat in the exchange.
That all ![]() Thanks, |
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#229
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However your advise in avoiding Day Trading is well taken. |
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#230
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Credit,
I have always seen you speak in support of Day trading.But,still the Law of Averages show the contrary result. Then,considering you belong to the above average,what is the secret of yr success & which most appropriate single reason which you consider for majority failure. |
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