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Can Day Trading be profitable for retail?

  #13 (permalink)

Bridgeport, Ct
 
Trading Experience: Intermediate
Platform: Sierra
Broker/Data: IB/Sierra
Favorite Futures: Oil, Nat Gas, ES
 
TheShrike's Avatar
 
Posts: 472 since Jun 2012
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20 is a lot

How about 1 or 2 trades a day max - maybe none? You can't get blood from a stone. Good trading opportunities don't show up 20 times a day. You can't force the market to pay you money by trading it more. It just doesn't work like that.

Stop worrying about what Goldman Sachs is paying in trade fees. It has no bearing on what you're trying to accomplish and they are not a broker like say Interactive Brokers, they're a multi-national investment bank and financial services company. They play by a different set of rules.

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