Originally Posted by
Metz
I'm sure day trading is profitable kay daghan mansad nadato ani, but its 20% or less of the trading population, and this is what the newbies never see. Kay they bust really early. Unless willing ta mo commit ug time, study, and emotional discipline(there can be huge losses).
So better ang long term fundamental investing and cost averaging para sa newbies. And murag kani rapud ako buhaton, kay my primary source of income is already like day trading and di nako mag need ug additional labad sa ulo ug stress hehe.
Hmmm....Others says otherwise bro..
kay I believe majority of the masses, specially katong nag hire lang ug broker are somewhat in between what you call day trader and swing trader, that's what Warren says, "dancing In our Out of the market ".
Because their brokers are the ones usually calling the shots, and brokers usually receives commission when he/she sells or buys a stock for the investors...Aside lang atong nag man gyud sa ilang stocks.
Aw when you call datu, maybe that's subjective, kay when it comes to the gap sa ilang net worth between, day trader and real investors like Warren Buffett, layo ra gyud kaayo ang mga day trader ug swing trader.
Ang ako nailhan nga swing trader nga nadatu ug maayo, si George Soros and he's net worth is not even 1/5th sa net worth ni Warren...maybe naa pa uban day trader or swing trader nga na datu gyud ug maayo, but they don't belong in the top 10 or am not sure if na belong ba gani sa top 100...
peace....above are only my opinions, sorry if I maybe a little inclined to investing rather than day trading or swing trading....^_^