Re: Is intraday trading really profitable in the long term? Let�s discuss it
I�ve been operating intraday for a couple of years and while at first it seemed profitable, it�s getting harder and harder to keep numbers positive. Between spreads, slippage, mental wear and fake breaks, I�m starting to wonder if it�s really possible to live on intraday trading or whether it�s pure smoke. Has anyone here been here for more than 3 years with consistent results? Or do we all end up going on swing trading or leaving this? I�d like to read honest opinions, not copied theories of books.
Re: Is intraday trading really profitable in the long term? Let�s discuss it
The key is to have a clear advantage, military discipline and to know when NOT to operate. But yes, it is exhausting and not for anyone.
Re: Is intraday trading really profitable in the long term? Let�s discuss it
If it's hard for you to stay positive, it's because you're probably overexploiting or using an outdated strategy.The market changes, and if you don't change with it, you're fried.
Re: Is intraday trading really profitable in the long term? Let�s discuss it
I don�t think it�s smoke, but it�s a trap for many. The illusion of fast winning makes people skip the hard work of testing, analyzing and filtering inputs.
Re: Is intraday trading really profitable in the long term? Let�s discuss it
I left the intraday after 1 year burned. I now swing and do much better. Less stress, more clarity, and better decisions.
Re: Is intraday trading really profitable in the long term? Let�s discuss it
It depends on the pair you operate and the session. It�s not the same to operate GBP/JPY in London as USD/CAD in the Asian session. The price stock changes a lot.
Re: Is intraday trading really profitable in the long term? Let�s discuss it
What they say makes sense. Maybe I�m forcing tickets into dead sessions or relying too much on a strategy that worked months ago but no longer. What tools do you use to validate that your system is still valid?
Re: Is intraday trading really profitable in the long term? Let�s discuss it
I use backtesting every two weeks and forward testing every month. If my winrate drops by 55%, I check absolutely everything.
Re: Is intraday trading really profitable in the long term? Let�s discuss it
Honestly, if you don't have an external source of income or large capital, intraday is an elegant way to self-destruct your account. Hard, but real.
Re: Is intraday trading really profitable in the long term? Let�s discuss it
Not everything is so black. I operate DAX and Nasdaq in 1 minute graphics with very good results. But I don�t follow typical patterns, I operate levels and momentum live. That�s right, it�s like being in a daily war.