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re: How many of you guys/gals day trade and have made it your career?
Posted on 1/30/24 at 9:33 pm to UpstairsComputer
Posted on 1/30/24 at 9:33 pm to UpstairsComputer
They have thousands of miles of cable in spools to prevent nano trading by the big firms.
Even if you could afford a Bloomberg station, the average Joe isn’t making shite day trading.
Exactly my point. You can find some rare gems out there and become “moderately successful” but no one should quit their day job to be a day trader.
Even if you could afford a Bloomberg station, the average Joe isn’t making shite day trading.
quote:
Full disclosure, I’m only moderately successful at trading. Definitely not enough to replace the career.
Exactly my point. You can find some rare gems out there and become “moderately successful” but no one should quit their day job to be a day trader.
1
Posted on 1/31/24 at 7:56 am to hottub
You’re giving much too much weight to the “tech” of the big firms. Their size means they must trade a certain way. Your size means you can trade however you want, for better of for worse.
Moderately successful means different things to different people. I do really well in my business. 25 year old me would kill for my day trading profits. Mid 40s me has a family and mortgage and needs to spend more time running my business. It’s not as black and white as you are suggesting.
Moderately successful means different things to different people. I do really well in my business. 25 year old me would kill for my day trading profits. Mid 40s me has a family and mortgage and needs to spend more time running my business. It’s not as black and white as you are suggesting.
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