Hello zdreg, Yes, many day traders die and have health issues eventually because they can not recover drawdown. In the ES Futures Market, drawdown is my best friend, we have learned to be best friends. If you not willing to die, day trading is not for you.
I look forward to the day you will take a photograph of yourself holding stacks of cash money from your trading account just like Mayweather Floyd
Hello LionsWarthogsMillions, I will never post a photograph of me bragging about the money I have. I do not brag or show off material things or cash to the world or people. I am very humble and strongly do not believe in bragging to people in person or social media. All the money I make/made in trading, I seriously worked extremely hard for it. Nothing to brag about.
There's nothing wrong with bragging. It's so...human and primal. Greed is Good. Be proud. Be a market killer When you take a photograph of yourself holding stacks of cash money from your trading account accomplishment....conceal your face ...wear a panty over it for privacy
This is the norm in countries like Japan and China. One of my cousins worked in this Japanese law firm for several years and he said there is no such thing as 8-hour workday. Everybody works 12-16 hours per day basically just leaving barely 8 hours to sleep and you get up and start again the next morning. The bosses don't even need to tell you to do that. You will be facing peer pressure from your colleagues for not putting in your hours. My cousin told me he used to get dirty looks from his colleagues when he wants to leave after working for 8 hours because he is not pulling his weight and is not considered a team player. He would feel so guilty every day leaving after working normal working hours while his colleagues are still in the office working. In China, workers fight to work more than 8 hours in order to get overtime pay. Shift supervisors assign overtime work as favours. LOL This is where and how cheap stuff is being made. We live in an increasingly competitive world. Sadly this is going to be more and more of the reality I fear, especially when we have to compete with AI and robots before being completely replaced by them. I feel bad for the two bankers mentioned in the article. People shouldn't have to die because of their job.
Overnights are fine but only if you are able to actively monitor it. The Asian market overnight is very active nowadays and often set the tone for the NY market the next day. Some of my most lucrative options trades were made in the middle of the night. 2-4 AM are the most active hours.