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Can Day Trading be profitable for retail?

  #101 (permalink)

Dallas, Texas
 
Trading Experience: Intermediate
Platform: TOS
Favorite Futures: AAPL, /ES, IWM, SPY Options
 
Posts: 330 since Oct 2012
Thanks: 552 given, 176 received

One of way of looking at it would be to examine a value trading meetup group I attend. Only one member had a negative return last year because he let his politics get in the way of his investing by continually shorting equities.

So 95% of our group is profitable and there are no marginal differences between traders in different markets?

Higher win rate in equities doesn't attract other retail traders because of return.
Equities investor/trader - Trader hopes to beat the S&P, last year 20% annual ROI
Forex trader - Traders hopes to turn is 10k into 100k by the end of the year. - leads to the much lower win rate

Volatility is good for the market and trading.

Preservation of capital is the most important concept for those who want to stay in the trading game for the long haul. - Van Tharp
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