XJO 0.58% 8,091.9 s&p/asx 200

I read all responses, my mistake was not in trading it was in...

  1. 634 Posts.
    I read all responses, my mistake was not in trading it was in day trading. Buffet will tell you himself he never trades short term. Thankyou for your responses. I will trade again one day but I will never day trade again. I have a gamblers mentality and that is why I fell for the appealing lure of the day trading lie. I thought some kind of economic reasoning could be applied to short term markets in order to make a buck. The only people who make money from day trading are those with inside information and the brokerage firms taking their cut of every trade you make like a casino leech. Anyway Im reformed and I have plenty of money left. My account was 100k so ive got just over 90k left. But smart enough to know from past expierience gambling that the double or nothing strategy does not work. so I wont be going down that road.
 
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