The truth about day trading

[chromednash]

Ict dosnt work.

 

[chromednash]

 

[chromednash]

 

[chromednash]

 

[DNR_]

nigga stop spamming

 

[chromednash]

nigga stop spamming

 

[DNR_]

View attachment 4826694

i mog you

 

[chromednash]

i mog you

You mog all of us

 

[DNR_]

You mog all of us

thats right nigga, also your thread is dead.

 

[BillClinton]

Ict does work with heavy dicipline and years of expierence, but it only works with props.

 

[lvlrex]

mirin on the take i’ve been saying ts forever. mfs think they can use their shitty strategies to beat market makers and billion dollar hedge funds

 

[chromednash]

Ict does work with heavy dicipline and years of expierence, but it only works with props.

1:1s are mathematically the best for props

Stop with the bullshit

 

[BillClinton]

1:1s are mathematically the best for props

Stop with the bullshit

Nigga whats your fucking point larp

 

[tropicaljuice]

alpha decay

 

[Greycell223]

mirin on the take i’ve been saying ts forever. mfs think they can use their shitty strategies to beat market makers and billion dollar hedge funds

Markets aren't 100% efficient

 

[Greycell223]

alpha decay

Ball knower but this has been debunked by me unless your trading a disclosed 100% undiscretionnary model.

 

[tropicaljuice]

Ball knower but this has been debunked by me unless your trading a disclosed 100% undiscretionnary model.

Discretionary models dont exist, you yourself may rely on discretion but that doesnt mean it couldnt be translated into code.
How would u debunk alpha decay if you yourself spoke about market efficiency

 

[Jesus_ist_König]

Water??

 

[inversions]

Ict does work with heavy dicipline and years of expierence, but it only works with props.

A lie made by the jews so you can blow fundeds consecutively for years

 

[Greycell223]

Discretionary models dont exist, you yourself may rely on discretion but that doesnt mean it couldnt be translated into code.
How would u debunk alpha decay if you yourself spoke about market efficiency

Discretion theoretically could be translated into code trough an extremely complex neural network but let's be real who is going to code Greycell223 Discretion? And for that they'd have to access my brain somehow or data of my trading through years of data and even then the neural network wouldn't be 100% accurate. Where I'm getting is that discretion is litterally different for every human so its practically impossible to code and destroy an edge that isn't 100% systematic. I personally trade an IFVG model and even other who trades the same model as me still take different trades cause we all have different discretion. Technical analysis is real believe me

 

[iphone]

for most people day trading is gambling. if you have alpha sure, make money but do you really? and what are you day trading?

if you do have enough alpha to day trade you can make a ton of money in other fields like tech or sales or w.e

 

[stigmaboy]

lol too long. just say you lost money.

 

[tropicaljuice]

Discretion theoretically could be translated into code trough an extremely complex neural network but let's be real who is going to code Greycell223 Discretion? And for that they'd have to access my brain somehow or data of my trading through years of data and even then the neural network wouldn't be 100% accurate. Where I'm getting is that discretion is litterally different for every human so its practically impossible to code and destroy an edge that isn't 100% systematic. I personally trade an IFVG model and even other who trades the same model as me still take different trades cause we all have different discretion. Technical analysis is real believe me

An extremely complex neural network wouldn't be necessary for pure technical analysis. The process your brain goes through while trading is much more complex than necessary, to the point that it is WORSE than code. You are affected by emotion by the time of day by your hormones....., more uncontrolled variables affect the discretionary trader than it is possible to name. You could collect all the data you have access to while trading, and analyze your trades until you come down to a plan of what actually matters. Build the system and optimize it = more control over each step and no randomness on execution. But that would reveal that you or the "other who trades the same model" actually dont have an edge.
The approach is different on longer term trades, fundamental anlalysis etc.
TL DR
Retail day trading for 99.9% of people is gambling sold with the illusion of control

 

[armemann]

Cope

Just say ur unprofitable

 

[Greycell223]

An extremely complex neural network wouldn't be necessary for pure technical analysis. The process your brain goes through while trading is much more complex than necessary, to the point that it is WORSE than code. You are affected by emotion by the time of day by your hormones....., more uncontrolled variables affect the discretionary trader than it is possible to name. You could collect all the data you have access to while trading, and analyze your trades until you come down to a plan of what actually matters. Build the system and optimize it = more control over each step and no randomness on execution. But that would reveal that you or the "other who trades the same model" actually dont have an edge.
The approach is different on longer term trades, fundamental anlalysis etc.
TL DR
Retail day trading for 99.9% of people is gambling sold with the illusion of control

I requested 63k in payouts last month. Not saying this to brag but just to show you that it can work. Also I have a discord filled with guy who makes money off of firms so if it was that rare to get a model that has alpha trough discretion would I be making this money from a disclosed trading strategy. Most people who says trading is almost impossible or is 100% gambling either loss money trading or have never tried trading a framework with discretion. Now yes trading is extremely hard but not because finding a model with alpha is hard. It's hard because you can grieve weeks of progress in a click trying to chase dopamine and that is gambling.

 

[tropicaljuice]

I requested 63k in payouts last month. Not saying this to brag but just to show you that it can work. Also I have a discord filled with guy who makes money off of firms so if it was that rare to get a model that has alpha trough discretion would I be making this money from a disclosed trading strategy. Most people who says trading is almost impossible or is 100% gambling either loss money trading or have never tried trading a framework with discretion. Now yes trading is extremely hard but not because finding a model with alpha is hard. It's hard because you can grieve weeks of progress in a click trying to chase dopamine and that is gambling.

"$63k in payouts last month." People made much more than that gambling in casinos, so what does that tell you?
If it were really that rare to be good at gambling, would people be making that kind of money?

Of course, most people who say trading is gambling are either people who never seriously tried it or people who tried and lost. There are far more people like that than there are successful traders.
If you're trying to trade, you're probably not going to call it gambling, because then you'd also have to call yourself a gambler. If you're some guy on social media selling a course, you're probably not going to call it gambling either.
If you're successful, you might call it gambling or you might not, but it doesn't really matter.
he number of unsuccessful people outweighs the number of successful ones, so the conversation is naturally dominated by them.

if you're actually making money, ending up net profitable, and doing it consistently over a significant period of time, then good for you.
I hope you can keep it up for as long as possible.
But for anyone willing to start it, i would advise against it. I haven't seen any industry filled with as much deceit as retail trading

 

[Greycell223]

"$63k in payouts last month." People made much more than that gambling in casinos, so what does that tell you?
If it were really that rare to be good at gambling, would people be making that kind of money?

Of course, most people who say trading is gambling are either people who never seriously tried it or people who tried and lost. There are far more people like that than there are successful traders.
If you're trying to trade, you're probably not going to call it gambling, because then you'd also have to call yourself a gambler. If you're some guy on social media selling a course, you're probably not going to call it gambling either.
If you're successful, you might call it gambling or you might not, but it doesn't really matter.
he number of unsuccessful people outweighs the number of successful ones, so the conversation is naturally dominated by them.

if you're actually making money, ending up net profitable, and doing it consistently over a significant period of time, then good for you.
I hope you can keep it up for as long as possible.
But for anyone willing to start it, i would advise against it. I haven't seen any industry filled with as much deceit as retail trading

100% agree with you. I agree that for most people it’s one of the worst ways to try to make money, but it’s definitely possible since I’ve been taking payouts for months now. Not a hot streak just a real edge that’s been playing out for months in live markets and backed by years of backtesting data.