I never said anything about sitting in the front of the computer daily. All I need is a couple hours a day. Various strokes for different people.
Originally Posted by ;
I never said anything about sitting in the front of the computer daily. All I need is a couple hours a day. Various strokes for different people.
Originally Posted by ;
Yeah I know, I was just chiming in with a different perspective (with just a tiny bit of sarcasm to boot -not directed at anyone).Originally Posted by ;
Funny, I always hard was the other way round, most newbies and wanna-be-traders were fond of high time frames because of their lack of wisdom and trading skills. Although I do agree 90% of market participants are losing cash. Interesting point of view.Originally Posted by ;
So I guess we're together in that egory because we made similiar points about short-term traders, huh?Originally Posted by ;
Got 'post count' envy? I really could care less the number of I or anybody else has.
I really don't know it for reality but since the mid 90's the buzzword in trading has been daytrading - to get stocks/options/futures as well as Currency Market.Originally Posted by ;
But like Currency Market does not have one accurate exchange or jurisdiction stock markets do not have a single source of account information to compile how many daytrade and how many swingtrade and how many are long term investors.
But if you read the majority of the large volume topics here you can observe that many posts make references to intraday moves.
Most newbies traders start undercapitalized meaning a move on a daily chart (unless in a micro-lot position) will wipe them out very quickly.
Simple math says they return to shorter interval charts.
Do I have evidence, no. Only 13 years hanging around watching them go and come.