Can Day Trading be profitable for retail? | Traders Hideout


futures.io - futures trading strategies, market news, trading charts and platforms


Traders Hideout


Discuss day trading practices and futures trading strategies on this forum for all markets. This forum is also for discussing and reviews for brokers, data feeds, and commercial or third party add-ons




 

Can Day Trading be profitable for retail?

  #84 (permalink)

Market Wizard
Missoula, MT
 
Trading Experience: Advanced
Platform: NinjaTrader
Broker/Data: NinjaTrader
Favorite Futures: CL, ES
 
michaelleemoore's Avatar
 
Posts: 3,403 since Nov 2012
Thanks: 5,346 given, 11,967 received


jefforey View Post
That's not artemiso meant. He said gross profit. I bet the majority of the top 21 percentege is loosing to commission.

I know what he meant. Was just trying to bring a little levity to the discussion. But you know what, you don't want levity, or facts, for that matter. You don't seem to want to make money, either. Still, I wish you the best of luck.

I'm not quite up to @wldman standards today, but the figure just below is not bad for a guy sitting in his family room, watching the Olympics and pushing the button every so often. I'm a scalper, so my commission costs are generally about 15% of my gross. This figure is after commission, which are just part of doing business. If you can't triumph over your commission costs, you should do something different.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Also, these figures are from February, and are a little under my long-term average for success, but here you go:

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Follow me on Twitter Visit my Facebook Visit my futures io Trade Journal Reply With Quote
The following 11 users say Thank You to michaelleemoore for this post: