Are you using DAS Risk Control Settings?

This is my first time posting to the forum! Almost done with my 3 months of DAS simulator, and I am getting much more consistent. Not sure I’ll be ready after three months but we’ll see by the end of this month. I have one major concern about day trading in general that makes me reluctant to consider this as a full time commitment: what does the future of day trading as a retail trader look like? I have a very good career and have flexibility that many people would dream of, with excellent income. However, I still don’t feel as free as I would like to be and I don’t like the fact that I have to stay where I am geographically because of a career. I want to be able to relocate and make my own rules, and officially escape the “rat race”. I’m just afraid that Retail Day Trading wont be profitable in the future due to AI and trading bots dominating the market, which is already beginning to happen. Will there be a day when this is no longer profitable for the little guy? This is the one thing holding me back from looking at this as a full time thing. I work in home mortgage lending, and I don’t see that need or career field going away any time soon.. I would appreciate feedback on this to ease my mind on the longevity of trading as a future career sometime in the future! Mike from Dayton, OH

Nassar,all the best. Good luck. I’m looking forward to your recaps.

Trading will of course change over time, as every profession does. What we do didn't exist 30 years ago. Algos might take over more of the market and we may have to change strategies, but there will always be money to be made. Additionally, ask the guys that were in home mortgage lending in 2006-2008 what they they thought about the mortgage business at the beginning and then the end of that period. The vast majority lost their jobs, never to return to the business. The only thing that is constant is change.