Right Side 👉👉

RiotMaraMan : That's because you have not studied or followed the stock long enough to understand its forecasted daily movements.....if we continue to buy and sell a certaim stock for a month....we will begin to understand how low it might go and how high it might rise in a day.... it can never be accurate but at least it is recoverable.

aerohk OP RiotMaraMan : Agree! Thanks for sharing

Arrayfunction : I agree with your very important point that risk tolerance is the most important factor to understand for success!

I know I have made some bad moves falling for the fallacy that trading strategies apply at any scale! As I was trying to learn from others here, ignoring the difference in risk tolerance was a big mistake on my part.

Don't fall for the siren song of mean values and what it hides like I did! There are plenty of strategies that only work at certain portfolio sizes and/or require certain levels of labor hours while markets are open. The bigger the portfolio and more labor you have to devote, the easier it is to make money. Hence why hedge funds exist! Also why making a 40% ROI on a penny stock may still be a net loss when you factor in opportunity cost when you have $50 to buy in with vs $50,000.  

Small capital portfolios like mine can't survive the inevitable losses that happen along the road to high mean ROI, so after taking a few lumps, I am sticking with  "monkey see, monkey learn" over  "monkey see, monkey do"

aerohk OP Arrayfunction : Thanks for sharing Spot on about risk and opportunity cost. For the majority of the people, I think short term trading is really not for them. Rather, it's for people with high risk tolerance, who can afford to lose, and have a lot of time on their hands to master the "art".