Mr. money mustache not the Scotch (sticky not liquid) company
Yes please
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No Migros Jokes?
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Surreal thread.
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I feel this very serious thread is going off topic 
First the LGBTQ+ alpine gardens, then the Chinese Migros alligation and the Stylistic classification by a Piglet, both with no explanation whatsoever … Anarchy. Is there not even a 20 character rule any more?
@Akia should stop working and come back to his studies to get his thread back on track.
… Unless they are trolling of course. Then maybe they shouldn’t.
… Or maybe they are on an après work hiking trip, then please continue…
Maybe all has simply been said and done.
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Would be interesting if you started out with real money and did a thread on all your trades, reasoning behind, current balance etc 
Interesting to some I guess.
Mostly for themselves.
Though the real pro’s will not share their data so people cannot ruin their trades by emulating them*
Unless of course they are pumping and dumping. Then they will.
*™ Financial scammer talk
Actually I think we already have a thread like this. I just have it silenced. … Though actual daytrading would obviously explode that thing even more, so a dedicated thread for themselves would totally be better.
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Hi,
To answer your inital question: Yes, statistics show that you can be a successful daytrader and have a positive P&L. Notwithstanding with that, please note that the only a few outperforms the market in the long term. Open question to think about - What is the meaning in all of this if you do not outperform?
My personal take after having traded several years during my studies & beginning of my career:
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General advice: Focus on a niche in which the whales are not interested. In my case, I focused on small caps - the size of the company made it irrelevant for big investors as an investable asset as at this size, it would barely move the needle of their P&L.
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It costs time if you want to make it right. My personal advice is to focus on max 20 companies in your portfolio as you would need to read the reports and review their published data + industry specific data (very time consuming)
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The main benefit of having traded myself: You learn to know who you are and how biases apply to you. I believe it was a big learning for me to see how I react when I was fundammentally wrong or when I was right too early.
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The good thing about reading a lot about specific companies & industries is that you broaden your understanding of specific markets and you can shine at aperos when talking about niche topics
You also developp a better understanding on how markets react.
Conclusion: It is not only about the money, you can see it as a learning opportunity 
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Honestly I find it a bit sad that I asked a random question and the reactions I get are largely just sarcastic or hostile… (I appreciate the critical questions and the information on profitability - of course I am aware of that). It’s not my first day on the internet, so I’m fine, but idk… why we can’t talk to each other like normal human beings 
I was not trolling and maybe there was someone here who actually had experience in the suggested topic. I guess my mistake for thinking we could have a civil discussion.
I could do that, but to invest real money I need to prove profitability in a simulator. If I can’t do that, I have no business in using real money imho
What you describe is value investing.
The OP was talking about day trading (not caring about fundamentals likely, but based on “technical analysis”/graphs).
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Thanks for the friendly answer, what you describe seems to be stock picking (?), that’s where you actually care about what companies you trade and their fundamentals. I was talking about very short, potentially leveraged, trades of a few minutes onto trending stocks with large volatility - for the investing part of my portfolio I’d keep it to VWRD and chill .
Oh come on. I see a pretty on topic civil conversation for about a hundred posts. You can’t fault people for poking at the holes, that’s useful feedback.
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Dw, guys were talking about gardening and Migros…
Were your stock picks profitable, meaning beating the market and by how much, if you accounted for time invested to vet the reports?
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That is not what I am criticizing - I appreciate the caution and perspective. I am very aware that this is the equivalent of finding the needle in a haystack - that part is not what I am referring to. Deliberately trolling however is not very nice, but it’s okay - I’ll live with it and I know the Forum here is (rightfully) mainly a passive investor forum - heck I do that myself 
.
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I would say that my risk / reward profile was better than the market. I was regularly overperforming the market, sometimes for the wrong reasons. For example I liquidated my whole portfolio 2 weeks before the SNB abandonned the EUR/CHF 1.20 parity and bought back right after.
Over a period of 7 years approx., I was overperforming the Russell 2000 Index by 2.3% annually, which I considered to be great, but timing luck was involved.
All in all, the size of my portfolio and the size of the profit would not have covered the time invested at a fair hourly rate. But it really is due to the size of the investable assets at the time.
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Someone mentioned earlier (and deleted their post?) that this is mostly a VT and chill crowd.
The topic could have probably ended there without any loss in signal to noise.
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I believe there is value in discussing an idea with a crowd with mostly different views. It might be harder but likely more valuable.
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I dont think thats the problem. Op said he was a successful passive investor and his sin would be <1%. It is more the naiv / confident tone. Surreal.