The Red 99 PvP Blog

[GrobbGangsta]

First of all, nothing I posted indicated that I was "rooting for your demise." You read that into it, which implies you are clearly insecure about your position. I simply presented very basic facts/truths about day trading while also noting that the currently volatile market gives you great arbitrage opportunity.

Second, littering a post with a financial lingo that you think I don't understand does not change the fact that day trading amounts to little more than slightly informed gambling. Just because you haven't had a red year since '07 does not mean that you are killing it, especially if your best take in that time is 6k in ten days.

Third, if you have enough capital to invest in real estate, you should do that and just enjoy the less risky cash flows.

Your argument that your position as "day trader who has beaten the system" is secure is completely untenable.

I was simply trying to point that out and perhaps offer some advice. I respect people who invest money, profit off investments, understand the tax system, take advantage of the tax system, etc. The entire world runs on leverage.