Comments on: Day Trading - Futures Trading FAQ http://www.abcfutures.com/2008/07/faq-is-it-a-myth-do-day-traders-lose-money/ ABC Futures - Learn To Trade Commodity Futures Using Technical Analysis and Automated Futures Trading Systems Sun, 05 Sep 2010 15:44:12 +0000 http://wordpress.org/?v=2.6 By: Daryl Browdy http://www.abcfutures.com/2008/07/faq-is-it-a-myth-do-day-traders-lose-money/#comment-19 Daryl Browdy Wed, 30 Jul 2008 02:54:48 +0000 http://www.abcfutures.com/?p=27#comment-19 Strike 1: Day traders have a bad rap. I cannot prove this, however I suspect that day trading can be appealing to individuals seeking to begin trading with a small account balance. Strike 2: Secondly, because market exposure time for day traders can be very low, day trading appeals to individuals whose primary profession is not trading. Such individuals have not developed and honed the stringent, obligatory risk management plans that must be used in order to succeed at trading futures. In summary, day traders may not do as well as longer term traders, however, the population of day traders problem consists of part-time, amature traders. Traders focused on other time frames than day trading are most likely more in tune with risk management and technical analysis. Therefore, they probably do better than the day trader, in terms of historical returns. I believe that any successful trader would succeed in any time frame. Adjustments may be required, but time frame is over-emphasized, in my opinion. -Daryl Strike 1:
Day traders have a bad rap. I cannot prove this, however I suspect that day trading can be appealing to individuals seeking to begin trading with a small account balance.

Strike 2:
Secondly, because market exposure time for day traders can be very low, day trading appeals to individuals whose primary profession is not trading. Such individuals have not developed and honed the stringent, obligatory risk management plans that must be used in order to succeed at trading futures.

In summary, day traders may not do as well as longer term traders, however, the population of day traders problem consists of part-time, amature traders. Traders focused on other time frames than day trading are most likely more in tune with risk management and technical analysis. Therefore, they probably do better than the day trader, in terms of historical returns. I believe that any successful trader would succeed in any time frame. Adjustments may be required, but time frame is over-emphasized, in my opinion.

-Daryl

]]> By: Shannon http://www.abcfutures.com/2008/07/faq-is-it-a-myth-do-day-traders-lose-money/#comment-18 Shannon Tue, 29 Jul 2008 15:17:20 +0000 http://www.abcfutures.com/?p=27#comment-18 Is the success rate for day traders, technical traders-wether using technical analysis or fundamental analysis the same or does everyone lose 90 % of the time ?? Is the success rate for day traders, technical traders-wether using technical analysis or fundamental analysis the same or does everyone lose 90 % of the time ??

]]>