You are right!

The brutal truth of day trading

The topic was that it is impossible to be profitable with day trading, only long-term. But it is, for sure, possible. If you like to trade long-term why not? There is no need to proof that long-term is profitable.

The brutal truth of day trading

How many vacations? I got 6 per year (that covid!!!), every 2 moth * 1 week.

The brutal truth of day trading

I haven't read it, but the number of questions! Like! P.S. Day trading rule, long-term sucks

The brutal truth of day trading

Nope, read the book. It is really interesting. Very honest book btw.

The brutal truth of day trading

Not an expert too. Just remember the book "turtley way" or smth like that. About "great experts". How they f**ed up. They were trading 10 years on bull market, they were writing the books and teaching everyone. And then they lose just everything. ...

The brutal truth of day trading

What a thread! Techanalyst is using fundamentals only and hate technical analysis. gepards just promoting his ea with no relevant posts. PeterCaleb claims he earns 5-6% daily. One guy (sorry forgot your userame) never trade for living but want to ...

The brutal truth of day trading

I don't know what levels of interest are. As a trader I'm trying to recude a number of factors that are playing against me. So adding execution time is meaningless and sounds like giving a head start to the broker. But broker already has it (swap, ...

The brutal truth of day trading

Because traders can calculate how much 2+2 is. And understand that adding more unknown to the formula is the way to lose only. Too many forces are playing againts up (fees, swaps, slippages, networs issues, fat fingers etc). And adding more factors ...

The brutal truth of day trading

What you need to trade forex? - Interest rates - inflation - GDP - risk sentiment - fundamentals - news - weather - current moon cycle - fibo levels or any other random lines/boxes drawn on the historical chart - market insufficiency, imbalances

The brutal truth of day trading

The brutal truth of trading: Price always moves to the right.

The brutal truth of day trading

No. Same bullshit tick volume like for currencies for example.

The brutal truth of day trading

As expected, the forum thread slipped into a dispute whether the market is random or not Standard evolutionary process

The brutal truth of day trading

Could you please create stoch this way? RSI is very nice as signal.

RSI by Highs and Lows

This is another great example of EA usage - to find the extremes. Robot must do what human can't. Sitting for weeks near the screen and miss the entry is the human job.

The brutal truth of day trading

Very good explanation! Let's be honest. How many traders here on FF are real traders and live from that? And how many are part-time "I'll trade after my main job" traders? How many are investing $ in algo/testings/development? And how many are ...

The brutal truth of day trading

I tried it and other options many times. But I don't like RSI because of its name. I like Stochastic. It sounds very cool. If you say "I'm using Stochastic oscillator in my trading" girls start to take off panties immediately.

RSI by Highs and Lows

Start with a penny found coin, double compound every day hour, make a million billion in less than a month week...

The brutal truth of day trading

Ok, let me argue with myself. All that very important information about lifestyle, psychology, pain and comfort is very interesting. But I said that if we compare trading with professional sports it is better to train yourself as frequent as you ...

The brutal truth of day trading