daytrading as a full time job, page-51

  1. 10,614 Posts.
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    Why do you continue to embarass yourself Fringedweller ?
    You have no idea what works in the financial markets.

    For starters I take on more market risk than most here.
    I am fully invested 100% of the time.
    Every 1 point move in the All Ords is worth more than a grand to me. Either way.

    Secondly, I dont have the problem of investing small amounts.
    I dont go into any transaction unless I calculate an NPV of $50K NPV profit. Its not worth my while.

    Thirdly, all my stockmarket assets are direct investments. No middle men, no trading software, no newsletters, no seminars, no charts.

    The only thing that matters to me is long-term business value.
    I buy shares as if I bought a private business or a property.

    When $100's of billions of dollars of market value evaporates in a correction, the only thing which remains is business value.

    And thats why I succeed where most fail.
 
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