weekend aftermarket lounge 31st aug, page-28

  1. 15,346 Posts.
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    The only way you will make money consistently day trading is to trade blue chip or proper liquid stocks long and short using moving averages and levels ... If you can't use those forget it

    Fibs etc yeah yeah but you are fooling yourself thinking trading pennies is proper day trading and going to make you millions

    It's a casino

    That's it full stop finish

    If anyone tells you other wise they are lying/talking garbage ... Yes sure I can think of 2 maybe 3 here who would it's pretty obvious and a small handful but over 10% forget it ... There are cycles when it's easier because the top end of town join in and times when they don't right now they don't .. The harder it is the more desperate people are to sell to you because it's harder for them also ... Fact

    The amount of people that drop off this thread you couldn't even count because they get tired of being taken for a ride or losing their money ... Fact

    The ones bar the minority that make a nice wage weekly week after week are trading top 50 or 100 shares ... Fact

    Unless you learn to day trade using technical tools and not copy everyone else you will never succeed at day trading .... Fact

    Seems this weekend is all about the perils of trading all over the site so a fitting post from me ...
 
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