Thread: Real reason why 99% lose - daytrading

Originally Posted by ;

quote which post is it?

It's a HG for the purpose based on how I currently trade but it could currently be useless for you. I would have to search and attempt to dig for the post since I have no idea in which thread I'd read it. It was only a post I'd read about 1 year ago which sounded cool at the time but not amazingnevertheless, after studying a few more things since then and trading as I currently do, it is pretty much a HG in my end today. I might make a thread and discuss that idea in more detail however in the mean time, keep looking and develop your own tool box. As soon as you're better designed, a lot of things will seem as a HG anyway. In any situation, simply discover what works for you.

Originally Posted by ;

quote It's a HG for my goal based on the way I currently trade but it may currently be useless for you. I'd need to search and try to dig the article because I have no idea where thread I had read it. It was just a post I had read about 1 year ago which seemed cool at the time but not amazingnevertheless, after studying some more things since trading and then as I currently do, it is pretty much a HG on my end now. I might make a thread and share that idea in more detail however at the mean time, keep searching and create your own tool box. As soon as you're...

Yeah I'll continue searching for my HG as well.

Originally Posted by ;

quoteAt the dawn of time (market modeling period ( that's ) this was called weak form efficiency. For day trading, it means even if someone can extract sufficient sign to build a winning egy, the sign is almost always so weak that the expected price of a trade is within the bid/offer disperse. That is how casinos work, and why anyone running any kind of casino wants their clients to trade (or pull slot handle/roll the dice) beginning early and frequently.

Oh? Are you referring to EMH?

I do not recall having that portion of this concept
Is not EMH just about the rate of flow of data as well as the markets ability to price that in?

Originally Posted by ;

Figuring out that the secret is night trading....

or may as well try out weekend trading.
Excuses people come up with for their failures and lack of comprehension of this complex and dynamic system market is merely laughable.

Let me spill the secret right now OP yes you are right, day trading is rigged sport so is trading - profitable traders do not exist.
The entire sport is playing against us including the brokers.
I guess you think what you want to think.... but be careful you might just get what you wish for.

Thank you for sharing your view about the reasons that are supporting the failure of day trading traders. Day trading is just one of the popular trading styles in which a trader analyzes a trade for the entire day, but he makes the decision to close the trade at the end of the day with profit or shed. It means a day trader does not leave his position on a currency pair waiting immediately.

Originally Posted by ;

quote Cannot be bothered reading all the typical crap regurgitated on here but if you believe entering a trade is a 50 50 bet then give up today. If you buy resistance and market support the huge majority of those trades lose it usually reverses first before breaking through. If you do not understand how that relates to your 50 50 then give up today. Please do not expect me to react to you I have already wasted enough time.

Thanks for your participation. It's 48-48 payout on short timeframes seeking to guess 3rd and 4th digit in every combination possible using daytrading where price moves not even 1 penny where every daytrader lose which 1st diagram explains, and doing reverse of price also establish that doing reverse of losing trades lose long duration doing short term egy (400$ bank goes to 0)

But if we use only 1st and 2nd digit (waithing months not days) of price and compound at which price moves moves over 1,2,3 cents in long-term trend with higher stop reduction 3 years looks like this.

Long term trends:



GBP/CAD 200 pips renko, drawdown was 6 cents. So compounding each 200 pips with stop loss 300. When account is doubled on leverage 200?

It is largely luck. . I made an experiment and traded at night for a month-no difference

Originally Posted by ;

Er, do you even code bro? quote

EAs never work in the long term, my brah. The best traders in the world do not use EAs. They trade manually or utilize algorithms worth millions of dollars that the everyday person would not even dream of using, let alone have you.

Research for you

https://www.nigeriaforextrading.com/...ja-trader.html