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Day Trading Makes Money

Day Trading Makes Money

If you ever watch MythBusters on Discovery chanell (or any other chanell that has MythBusters show), you car definitelly write them to bust that myth. One of the biggest myths of all that is day traders make money. Try and find one with long term track record of profits and you will look for years and never find one!

Why?

The answer is more than simple.  Because it doesn’t work – great story but that’s all it is.
It doesn’t work due to the simple fact that all daily volatility is random and if the data is random, you can’t get the odds on your side – PERIOD.

Simple isn't it :)



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