You're right, anecdotal examples proves nothing, don't know why I gave one, but anyway.
For your information, there are professional day traders that operate in the stock market and make a living of it. Let's analyze your theory:
"Charts doesn't make behavior patterns that can reduce the odds of "
Ok, so the expected thing to realize is the only way of getting some profit is investing, not trading, or being lucky.
So according to your theory, if I enter in an operation, my odds of getting a profit is around 50%, only higher if I do my research and invest in a good coin that are cheaper than what's really worth (and expect to people notice that after I'm in).
The next thing to expect is that professional day traders of the stock market were either unemployed or pure scammers, because as we know, professional day traders don't necessarily look for the intrinsic value of what they're buying, mainly the price behavior in the charts.
So the profit of professional day traders should be exactly 0% in the long run, because 50% chance of profit and the 1:1 ratio would end up in nothing in the long run.
I don't have to bring proof or take all bitcoins of the market for myself to prove otherwise my points are invalid because it's not just simple as that, as I said before, with the correct technical analysis you only can reduce the odds of being wrong, not predict the future.
Annnnnndd you never drew a Fibonacci in your life to see that it works most of the time.
There are professional traders who make a living in the stock market, but they aren't day traders who trade intraday and rely on technical indicators - they are money managers who rely on a combination of fundamental and technical analysis - not just technical. They mostly lean on fundamentals though.
There aren't any people who "day trade" on the stock market and make a regular income from the trades they make. People who trade on the stock market and get a regular income for it are people managing funds, making money based on fees from those funds in addition to bonuses based on fund performance. They are not day traders in the sense that you are talking about.
And just fyi, anybody on these forums claiming to be a professional day trader who makes profit every month making multiple trades every day is lying to you. Studies have shown that the more frequently people trade, the poorer their performance. Furthermore, almost nobody can consistently beat the s&p 500. One study found about 0.6% of fund managers could do it.
Seriously, go to
www.demoinvestor.com and make some demo bitcoin trades. Try to beat the market. I absolutely guarantee you won't be able to do it consistently. Ask other people to try... nobody will be able to do it.
