You Don't Have to be a Day Trader to be a Success - Part 2

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Old Sep 16, 2011, 9:00am   #1
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Default You Don't Have to be a Day Trader to be a Success - Part 2

We've just published a new T2W article called "You Don't Have to be a Day Trader to be a Success - Part 2" by Daniel Fahey.

Quick Summary: Daniel Fahey concludes the discussion on why day trading is not the only option to becoming a successful trader.

PS. Don't forget to rate the article after you've read it and share your comments on this thread.
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Old Sep 16, 2011, 7:14pm   #2
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Default Re: You Don't Have to be a Day Trader to be a Success - Part 2

Hello Daniel you have a lot knowledge about trading. Can you tell me if there are any website which give daily forecast, predictions about the market movement. it would be very kind of you if you let me know. thanks
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Old Sep 18, 2011, 3:25pm   #3
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Default Re: You Don't Have to be a Day Trader to be a Success - Part 2

A lot of truth in ur article
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Old Jan 2, 2012, 8:37am   #4
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Default You Don't Have to be a Day Trader to be a Success

Very good information for traders to compare and to consider when deciding to choose the time frames to trade .
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Old Jan 2, 2012, 9:50am   #5
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Default Re: You Don't Have to be a Day Trader to be a Success - Part 2

A very biased view which doesn't take many factors into consideration.
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Old Jan 2, 2012, 10:16am   #6
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Default Re: You Don't Have to be a Day Trader to be a Success - Part 2

Ability will never catch up with the demand for it.
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Old Jan 2, 2012, 11:09am   #7
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Default Re: You Don't Have to be a Day Trader to be a Success - Part 2

Quote:
A very biased view which doesn't take many factors into consideration.
In what way is it very biased and which factors does it not consider ? It is supposed to offer an alternative to day-trading not substitute it and the general view is that day-trading is the only way to trade when clearly it isn't.


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Old Jan 2, 2012, 12:23pm   #8
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Default Re: You Don't Have to be a Day Trader to be a Success - Part 2

The way I see price candles is they are fractal. If I remove the labels, I usually can't see difference between different time frames.

That's why I was puzzled by 'TA generally works much better on a longer time frame than a shorter one'. Is this based on the author's personal experience as a day trader?
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