Day trading - Considering throwing in the towel for good.

NexusFi · 2023-09-10T15:28:39-04:00

I'm retired. My current job is building a home on a Caribbean beach. I can't say I've made a fortune but I can say I'm successful, but this is not about me, it is about you. Well, sure, but it would be very helpful for me to know what's actually possible and not. Like I alluded to earlier, I think many of us retail traders come into this with unrealistic expectations and a lot of blind faith. At the end of the day, I never saw anyone's broker account or track record. I always figured …

Discussion in Traders Hideout

Updated September 10, 2023

Day trading - Considering throwing in the towel for good.

September 10th, 2023, 03:28 PM

#71 (permalink)

goodoboy

Houston

Posts: 380 since Dec 2016

Thanks Given: 344

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Howard Roark

If I quit day trading, I suppose I will still be participating in the markets in some way. Most likely swing trading.

I probably won't get rich quick, but maybe I'll get rich slowly. Maybe I'll also find some other vocation or career path that will be better for me.

It's possible that trying to get rich quick is what have prevented my success so far. Just think about where I'd be today if I started trading far more conservatively 10 years ago.

I admire your persistence.

Good luck on your quest!

What is suppose to change with Swing Trading? its all the same.

Your job is to make money every year day trading. PERIOD. There is no time period when that might happen.
The problem you having is your seeking confirmation to find another trader who is making money yearly. No need to search, they will not give you their edge anyway. No need to search further, ticks move everyday, so someone is making money.

So stop looking for help and just trade the charts. That is the best you can do.

Noone will ever help you or I. So it is what it is. We are ALL on our own. And noone will provide a track record of success, so you are on your own.