Just a thought? Are day traders expendable? Let's say the big boys make thier profits, realistic profits/investments through the mid term and long term? There is a niche...the short term? Are you good enough to fill the gap? Maybe not but you can have a go! The big boys will give you 'some' money.....and then.....you go and blitz the lot only to find yourself as a clerk again? What i am trying to say is this. Commercial 'day traders' get a chance? Turnover of the niche? The big boys find it hard to fill the gap....where does that leave you? RUDEBOY.
There are 4 groups of players the commercials, the arbitrageurs. The commission houses known as the public and the locals. Each group behaves differntly,tries to achieve something different or use a different trading stratagey.The commercials are the large wall street firms They do a big business with pension funds. They have institionl knowledge that most of us lack. but that does not mean as the public we cant make money.
The ones you need to look out for is the locals they will try to move the market around, and try to take the publics money, when the big boys (commercials) are out,But look out when buy or sell programs come in.THE BIG BOYS TAKE OVER THEN,and most traders are on the wrong side when this happens.
sun
The ones you need to look out for is the locals they will try to move the market around, and try to take the publics money, when the big boys (commercials) are out,But look out when buy or sell programs come in.THE BIG BOYS TAKE OVER THEN,and most traders are on the wrong side when this happens.
sun
Big players have big problems, small players have smaller problems.
One with membership dues to pay, data fees to subscribe, customers to serve, has to make enough to break-even before he can make a net profit (if any).
A small player needing just a small computer and minimum expenses can easily break-even. If he cannot find enough price opportunities from the market, he can find a broker or platform that has enough opportunities to play Pacman.
One with membership dues to pay, data fees to subscribe, customers to serve, has to make enough to break-even before he can make a net profit (if any).
A small player needing just a small computer and minimum expenses can easily break-even. If he cannot find enough price opportunities from the market, he can find a broker or platform that has enough opportunities to play Pacman.
