Yes, it's another style, a different road... EDIT: Besides, simply, some people absolutely LOVE the "challenge" involved with faster reaction-times & decision making ¯\_(ツ)_/¯

The brutal truth of day trading

Hi GEfx... I know you're not directly communicating with me; but hey, this is an open thread after all Another clear "advantage" (in the right hands) of trading trade M1 or sub-M1 with all that volume/liquidity data, that I forgot to mention in ...

The brutal truth of day trading

Hey... I have also been in that "room", the "Infamous Scalpers Cave"... And I can assure you that there's nothing to "promote" for commercial purposes. RickM is just proud of the small like-minded group of people people he has chosen to be a part ...

The brutal truth of day trading

Hello, Additionally to higher profitability potential, a big part of what makes me prefer scalping to other speeds/ratios & frequencies, is the much bigger sample size one can obtain (much more efficient use of time = more practice/experience in ...

The brutal truth of day trading

Hi Zoltan, I guess it's because in addition to being a proven professional trader, doing it full-time for a living, almost no one is also willing to share important losses, which are also a natural part of the business. So my biggest respects to you ...

My way to highway

Hi, Tim. More than "fake/unreal", it's like very "incomplete" and delayed (non-representative). Although, if you wanna see a real complete DOM for centralized markets in regulated exchanges, take a look at e.g. JigsawTrdading, with cheap data from ...

The brutal truth of day trading

Mate, of course you didn't offended me. Both of you just refreshed some good memories Nowadays I mainly listen to prog-math rock/metal...

The brutal truth of day trading

I definitely don't agree with this. It's truth that many traders at the end get "fooled by randomness", even after some years of relative success; but as with any human activity, there are outliers (less than the 1% of said domain) who of course can ...

The brutal truth of day trading

Hi Ge, I agree. Open TEs with demo accounts would be more than enough... and awesome to follow for some months Cheers!

The brutal truth of day trading

Man, I started to follow you on YT. Thanks for sharing =]

My Journey to Forex prop trading

ryuryu, your surreal tale of Peter's alternate dimension is dope Btw, I used to love Infected Mushroom... kk100, that song was crazy at its time [well, it still is]; more with psychedelic substances. And ...

The brutal truth of day trading

Yes, those too. No one is disagreeing on that. Now, someone who trades for a living, gets paid by brokers in exchange for work (commissions and spreads), hence it becomes a profession involving specialization studying (even if autodidact ...

The brutal truth of day trading

"greed & fear"

The brutal truth of day trading

Hey, GEfx. True, that's another category: the traders or money managers who trade/invest for others; earning their income by a salary and/or commissions. And regarding your 2nd paragraph: I agree and it's part of what I talked about in the post ...

The brutal truth of day trading

Yes, also commissions are also much bigger the higher the volume, and the is execution slower whilst the action is faster. Big disadvantage really, specially for quick/brief scalpers. Precisely this, is one of the biggest disadvantages of trading ...

Prop Firm Hub

You don't say! That's completely individual; everything's relative. Hedge Funds ≠ Retail Traders This can be true for some kind of strategies; but, there are different ones, along with distinct methods, time-horizons and styles... and markets. It's ...

The brutal truth of day trading

Good brokers only take commissions. At least in regulated exchanges, you can be much surer (not 100% though).

The brutal truth of day trading

Hi, Winston. First of all, thanks for your honesty; something very few have here. I would say: "can be demoralizing". Not perfectly, but masters of their own psychology/mood/emotions, can mitigate that in grand extent. That's why to some (I would ...

The brutal truth of day trading

Some may, some not... In this case, he also has a Quora profile, with many answers. I under-voted the one related to this thread, because I disagree.

The brutal truth of day trading

Typo, sorry; I meant "contradiction" ¯\_(ツ)_/¯

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