I've been managing my money in the markets on and off for at least 15 years, and granted I've never gone beyond basic technical analysis, but I would never consider daytrading as a legitimate undertaking or sole income stream. Cash flow is king and daytrading just seems so precarious. I'll admit I usually made my best returns making bets during a bubble ('99/'00) or investing in the most battered stocks after a major crash ('09). Other than that it seems like a struggle during periods to get and hang onto gains (mainly May-Jul as I was 50% invested and heavy into Fixed Income/Yield investments), right now I'm just at the point where I just want to stay in positions mid/long-term and slowly collect gains/distributions.
If you're looking for books centered on trading, markets, etc, look around as a year or two ago I came across a huge freely available file that contained several hundred books, many probably mentioned here.
Nobody knows, really, nobody knows. Anybody pretending to is looking to sell subscriptions.
If you're looking for books centered on trading, markets, etc, look around as a year or two ago I came across a huge freely available file that contained several hundred books, many probably mentioned here.
Quote: (09-24-2013 02:27 PM)samsamsam Wrote:
This is what I think and I am sort of concerned about the potential drop that could occur in the short term. Just curious what others thought. Those that are more involved with the market. Thanks for the replies.
Nobody knows, really, nobody knows. Anybody pretending to is looking to sell subscriptions.