day trading systems
day trading systems
Is there a reliable day trading system that is consistent?
There is neither a publicly known system, nor can there be one. Assume you discover a system, and let everyone know. Now, whenever the magic point is near EVERYONE jumps on, destroying the magic point and crushing the system. Supposedly the Motley Fool has such a system, published it, and watched it destroyed within weeks.
So, simply put, if a system is publicly known, it will not consistently work.
Other than that, buy low, sell high, will always work.
