What do you think fellow traders?
Is it really possible to earn money each week day-trading the Stock, the Futures or the Forex market, to name just a few markets?
What is your opinion on that subject?
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Depends. If you have system on C2, then likely not. If you show trade results on YouTube/Ticktock/Instagram/Twitter, then 100% possible. 
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Yes, it is possible to earn money day trading, but it’s very difficult to do consistently.
Success in day trading requires a solid understanding of the markets you’re trading in. The best traders are the ones who are skilled at managing risk. Even the most skilled traders have losses, but they know how to minimize the damage.
The markets aren’t static. They can be volatile or relatively calm. Some days might present excellent trading opportunities, while other days, you might find the market too unpredictable or choppy to take any significant trades.
Day trading requires emotional control, as the fast-paced environment can lead to impulsive decisions. Fear and greed are common emotions that can lead to poor choices, and traders need a solid mindset to avoid them.
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Absolutely, but the real question is : “Can we make money every single week day-trading ?”
Because on a purely intuitive level, we know that even good traders cannot consistently make money every single day.
But earning money every week (placing 2 or 3 trades a day for instance), do you think it is possible?
It’s impossible for long run!
My question has something to do with the Central Limit theorem and the Law of large numbers.
In short it says that a sample size of 30 is considered statistically significant because it is large enough to make reliable conclusions about a population.
As far as day-trading (and trading in general) are concerned, and I clearly remember reading about it a while ago, if after completing 30 trades your trading system is still not profitable then from a mathematical point of view it is probably a losing system with no real edge, meaning the buy-sell-exit signals are no better than random calls, at best.
And because day-traders place a relatively large number of trades per week, their system must, by definition, produce new equity highs in a short period of time, if the strategy has a real edge.
There are of course a few exceptions, because day-trading simply means you are flat at the end of the trading day, not that you MUST trade every day.
So statistically speaking, if a day-trader places 6 trades a day on average (30 trades per week), then he should be able to make money every single week, if his system is profitable.
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Sure 
Is this your strategy? https://collective2.com/details/150488498
Great work, keep it going!
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The only high likelyhood way of making money every day/week is to invest so conservatively that you lose to inflation. Aka buying things like short-term treasuries does make money making every day possible. But you are likely referring to the people that say they can make BIG money CONSISTENTLY. Run! These people may do well for a time even years, but the risk curve is a real thing and should be respected regardless of what some youtubers, reddit threads, or collective2 strategy leaders tell you. There is no free lunch.
I likely won’t engage with anyone that disagrees with this unless they post something that merits a change in stance.
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I believe it is, if you decide never to short gold or silver.
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Gold wants to reach the $3 000 level, and it will get there soon. This gold uptrend is currently unstoppable. Same thing for silver, its little cousin.
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Not necessarily true. Having a better or unique understanding of the public data is just as valuable as information that isn’t available imo and it wont land you in jail.
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Well your advice did not work today, gold and silver went down big time just a few hours after the 8:30 AM (NY time) open, so the buyers lost a big chunk of money and the short sellers made a bundle.
Some serious profit taking activities took place, I guess.
In any case my system got whipsawed numerous times during that weird price action movement.
Oh well, we will get our money back next week, plus interest, gold and silver are bound to rebound.
In the meantime Happy Valentine’s day, guys and gals.
Hi,
What do you mean when you say “public data”, the price action on the chart for instance, or the put/call ratio?
All the above it doesn’t matter. If it’s available to the public, and you just have a better or a unique understanding of it and can use that to form an edge, it is just as valuable as the information that isn’t available. Assume you did even have insider information but you didn’t understand what the market would do, you’d still lose money on that information. The same applies to public information. If you don’t understand the information better or in a unique way, you’ll lose money on it.
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I remember they did a study. Put two groups, and gave one knowledge of the news/events 1 day ahead of time, and the other group didn’t. The group with the “1 day knowledge” didn’t do much differently. I think it goes to show, it’s the market reaction that matters, not the actual event. For example, not long ago NVDA had a blowout ER. If you had that knowledge 1 day ahead, you might go long. But you would have lost big time cause market cratered after the ER. (it went up a lot before the ER, so that may have something to do with it).
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Absolutely.
And that’s what technical analysis traders are precisely doing every day, trying to predict how the buyers/sellers will react when the price reaches a certain level (support/resistance level, pivot point, Fibonacci levels, previous swing low or high, moving average, trendlines, etc…)
That’s because the real insiders probably used that information to entice traders to buy so that they can dump the stock without any problem.
The “sharks” are always looking for liquidity zones, to load or unload huge positions.
I am talking in general of course, not about NVDA or any other company.
Exactly the point I was making. It doesn’t matter if you have information or not in advance. It’s correctly using that information for profit.
It DOES matter for the insider, with that knowledge he can manipulate the market and make a bundle, at the expense of the retail traders.
However, if the retail trader can learn how to detect these manipulations, he too can profit from them.
But yes, we both agree that a deep understanding of these patterns can make a huge difference.
Well… If you try it out… Let me know how that goes for yah
