When it's working it's working. The few people I know who have had success trading for years have one thing in common. They cut their losses quick when a trade goes bad. You don't need to understand why the market seems irrational that day. No stubbornly riding a stock into the dirt waiting to get out ahead on picks like an actual investment. You don't have to defend a trade to the death.
The algos can make money being right only 55% of the time. A little tougher for humans as the 45% can get you if emotion enters the equation. For me it's been about timing. The overall market is on your side or it isn't for months at a time. If you made bullish ST bets in 2021 on the can't lose 2020 growth stocks you got your azz handed to you.
The algos can make money being right only 55% of the time. A little tougher for humans as the 45% can get you if emotion enters the equation. For me it's been about timing. The overall market is on your side or it isn't for months at a time. If you made bullish ST bets in 2021 on the can't lose 2020 growth stocks you got your azz handed to you.