Hi guys, I have been an active investor from the start of my investment journey. I do a little passive investing however I mostly buy into individual companies (mostly mid/large cap).
I build my own DCF models, sometimes I do sensitivity analysis. I use consensus analyst data (consider high/low ebit projections) and build models in companies that I’m interested in and can understand.
This is not easy (to project accurately all the time) and I don’t always get it right however in the long term I am happy with my estimates and build my portfolio on these estimates and assumptions (I use a margin of safety in my assumptions). I’m diversified by sector however I am overweight on growth.
I have read countless investing books (cashflow, economics, market cycles, valuation, personal finance etc).
However I have never been interested in trading (probably because I thought thats for high frequency traders). Or maybe because in my mind there is this dogma that trading is not sustainable and social media gives trading an ugly perception. Every one that I speak to down plays trading (none of them day trade) and I included, maybe this is me being shortsighted - we’ve all heard 80% or whatever % traders lose money.
My question is - Is day trading actually a sustainable way to make money month to month?
How long have you been trading?
What is your average profit per month?
What do you trade stocks/fx?
Why did you stop?