How do you guys deal with this?....Intraday trading = gambling | Traders Hideout


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How do you guys deal with this?....Intraday trading = gambling

  #30 (permalink)

Legendary Market Wizard
Switzerland
 
Trading Experience: Intermediate
Platform: Investor/RT
Broker/Data: IB / DTN
Favorite Futures: Futures
 
Posts: 4,649 since Feb 2012
Thanks: 4,606 given, 9,460 received

The learning curve

Trading is optimizing strategies over time respecting given terms with high probability
plus dealing with uncertainty.

Trading is a business like others:
• The positive about is - one can reach a high level.
• The negative is that it takes TIME & MONEY.

Like to study dentist - needing years before earning the very first $.
A trader with a long track record had of course a lot of work putting into this adventure,
needing a long learning time on its way.

Conclusion: Trading is not for everybody and is not done within zero time.

GFIs1

PS: The shark / small fish example does not count - every single lot, eg. future has the same
value at time as every other. Such is anonymous and has no weight. Only good strategies
can deal with lots of lots over long time

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