Category: daytrading

Is Day Trading A Good Idea?

Posted on April 9, 2021June 11, 2021 by Oddmund Groette

At certain intervals, day trading seems to get a lot of attention. 2021 seems to be one of those years. And we can’t blame people for dreaming about day trading:

How To Succeed In Day Trading

Posted on March 17, 2021June 11, 2021 by Oddmund Groette

How can you become a profitable day trader? How can you make money day trading? We were pure day traders (profitable) in stocks and indices from 2001 until 2018. In

Why Day Traders Fail (Avoid The Pitfalls)

Posted on February 26, 2021June 11, 2021 by Oddmund Groette

Day trading certainly holds promises of a fast-paced working environment with high returns. Its allure proves practically irresistible to many new traders. It is also a common belief that most

The Importance of Secondary Income When Day Trading

Posted on November 24, 2017June 11, 2021 by Oddmund Groette

If there is one thing I would like to emphasize with this website, it is the fact that day trading is very hard. On top of that, you always have

The Cost of Second Guessing Strategies

Posted on February 23, 2017June 11, 2021 by Oddmund Groette

I keep a detailed log of all my trading activities, both day trading, swing trading and long-term positions. I believe this is the only way I can improve my trading.

How I Made Money Day Trading (tips, tricks and hacks)

Posted on June 9, 2014June 11, 2021 by Oddmund Groette

Articles about day trading get about twice as many hits as other articles on this website. What’s so appealing with day trading? Is it that most people think it’s easy

Is It Possible To Make Money Day Trading? My numbers July 2012 – July 2013

Posted on July 1, 2013June 11, 2021 by Oddmund Groette

I have previously written some articles about the possibility of making money day trading: My Numbers 2002-May 2012 Automated Trading Tuco Trading From mid-2011 until mid-2012 I was going through

Confessions Of A Day Trader

Posted on June 21, 2013June 11, 2021 by Oddmund Groette

(Some personal and random thoughts on day trading) I have day traded for over twelve years and I still like what I do. Actually, I love it! Day trading is

Is It Possible To Make Money Day Trading? Part 3: Tuco Trading

Posted on January 20, 2013June 11, 2021 by Oddmund Groette

I have previously written one article about the possibility of making money in daytrading: Algo trading In general term I think it’s safe to conclude the following: The majority of

My Best Day Trading Stock Is The Most Boring Stock

Posted on December 19, 2012June 11, 2021 by Oddmund Groette

Many day traders are thrillseekers. Too bad, because I think the best stocks are those that are most boring. I haven’t really thought much about it until this fall, but

Day Trading SPY: Returns In The First Hour, Middle of The Day and The Last Hour

Posted on October 26, 2012June 11, 2021 by Oddmund Groette

Being a day trader is a struggle, so I have lately broken down the trading day into performance during the first hour, the middle of the day and the last

Why Day Trade US Stocks?

Posted on June 6, 2012June 11, 2021 by Oddmund Groette

I am Norwegian, and living in an obscure former soviet country, but are mainly trading US stocks. Why? There are several reasons. Here I will mention what I consider the

Is It Possible To Make Money Day Trading? Part 2: Automated trading

Posted on May 28, 2012June 11, 2021 by Oddmund Groette

As you can see from my profitability graph over the last ten years, the latter third shows a diminishing return. Unfortunately for me, the market has changed quite dramatically from

Is It Possible to Make Money Day Trading? Part 1: My numbers

Posted on May 21, 2012June 11, 2021 by Oddmund Groette

My simple answer is: yes, of course. This is the first article of many where I will try to actually give some hard evidence of how many are making money,

Moving Abroad: Tax Implications for Daytraders

Posted on May 15, 2012June 11, 2021 by Oddmund Groette

In a previous article I wrote about the advantages and disadvantages about living in Eastern Europe. By moving you might stumble into tax problems. This article tries to explain

Day Trading From Eastern Europe

Posted on May 14, 2012June 11, 2021 by Oddmund Groette

In December 2010 I moved permanently to Latvia. Now I am the lucky owner of a very nice house and garden just outside Riga for 1/5 of the price compared

Pros and Cons with Day Trading

Posted on May 11, 2012June 11, 2021 by Oddmund Groette

When I talk to the publisher about the books I have written, he says people are crazy about day trading. I am also fascinated by this fancy for day trading.

Facts About Day Trading

Posted on May 5, 2012June 11, 2021 by Oddmund Groette

Back in 2006, I wrote an article about daytrading for the Norwegian magazine “Praktisk økonomi & finans”. Over the years this has been the most read article on this site.