My view of day trading in line with my experience...... image

The brutal truth of day trading

I've been trading for decades now and day trades are done with basic practical awareness. You can't earn off what you no longer have. Peter

The brutal truth of day trading

If someone is single minded in their approach, they will only see what they want to see. To me, using the usual stereotypical definition of day trading, it's about counter trade risk rather than return. The activity is thinner so one needs to find a ...

The brutal truth of day trading

If you say so. If you want to learn then learn. Peter

The brutal truth of day trading

Sorry, did I just walk into a hair salon? The direction IS the way. All that stuff about style is an opinion of what the person is comfortable with or, is inline with timing. If you strip away the labels and names you will understand. Go and place ...

The brutal truth of day trading

If you say so. On all counts. But gutter trash thinking is all that is. No there really isn't too many ways to day trade. Up or down. Mmmmm. I count two. As to all the other silly stuff you said .... Arrogance is a false sense of over-confidence. ...

The brutal truth of day trading

"Change is hard and so is a brick wall against one's head." Peter

The brutal truth of day trading

I'm not picking on anyone. This thread is the brutal truth of day trading, whether that be opinions ABOUT day trading OR ways to Day trade. If you weren't too busy joining the monkey brigade you could learn something. If you paid attention you would ...

The brutal truth of day trading

Rick I'm not impressed nor frightened. We've done this dance before. I don't need anyone to lick my balls. So stop wasting your breath. This is not some retarded MMA showdown. Now go take your school uniform off and shower for dinner. If you want to ...

The brutal truth of day trading

Rick, There's no clarity and vision in chasing order blocks and being over-dependent on outside resources. It's just plain lazy and narrow minded. I write what I do for the people who still have a brain that works. I am sorry Rick, I've been where ...

The brutal truth of day trading

For the skeptics or know-it-alls, or the people who genuinely want to learn properly ..... Happy reading ..... https://www.investopedia.com/terms/l/liquidity-coverage-ratio.asp https://www.bis.org/publ/bcbs238.pdf NB - My calculations use a 40% cap ...

The brutal truth of day trading

GEfx, Don't get me wrong here I'm sure you know what you know. I'm not making any assumptions. You said it yourself, you don't understand. It's an all encompassing environment. This is why I gave MORE information than just a one sentence, mindless ...

The brutal truth of day trading

Day trading is best approached by combining - basic traditional fundamental analysis, basic technical analysis, proactive technical analysis, basic market activity (not popularized 'price action'), proper Volume-Tick activity, observable status quo ...

The brutal truth of day trading

I am sorry but I have outlined in VERY simple terms what Debt Liquidity is all about. Perhaps your learned definition doesn't match but really, I sense you don't really know your industry if you cannot connect the dots after everything I spoke ...

The brutal truth of day trading

To broadly understand Liquidity, try to trade using ONLY these views ....... image And .... image *** This is not about 'my way is best'. It's a way to find out how full of crap you are in your attitudes towards what you think you know and what ...

The brutal truth of day trading

With all of "this" ..... Experience will show specific things and show where the real life gaps are in people's true understanding. Let me explain .... I was (before 'semi-retiring') a career trader. What does that mean in real life? It means my ...

The brutal truth of day trading

To begin, I only said two words. Debt and liquidity. The assumption people always make, is that these two words can only mean or refer to a select number of things. In the industry there are other names for Debt Liquidity. The easiest similarity in ...

The brutal truth of day trading

Learn or don't learn. Whichever way you go it's all relative. Peter

The brutal truth of day trading

If you say so, but I learned a long time ago - shallow mind, shallow heart. I have a family to think of and friends I care about. So I pay attention to things. Besides, it's clear you have not yet experienced times when your 'toys' are not available ...

The brutal truth of day trading

I'm not talking about the old "I'm a trend trader and I will hold this position for 2 years and then cash out for a big payday." Not that type of trade the future idea. I too must see the setup with my foresight and knowledge, skill set and other ...

The brutal truth of day trading