 Hey everybody, this is Giovanni from spy options trading here with a new video here I haven't been trading at all for the past month or so mainly because of my day job my part-time job sort of turned into a full-time job and I can't seem to break away from it and no complaints. It is my job and does provide Really well for my family, but I just thought I should make a video today and sort of help answer why Day trading is so difficult so hard why day traders the majority of day traders anyways Do not make money and In my opinion, it's because of the indicators themselves They're a great tool to have don't get me wrong But by pure definition all of these indicators are lagging indicators I can't think of one indicator that is not lagging other than price movement itself but In a nutshell these indicators There's formulas behind them and these formulas All need data and the data comes from price performance past The the history essentially and they're all lagging. They never will tell you what the future will hold You know, whether the opt or whether the price of spy or any other stock or ETF is going to move higher or lower It's all going to give you sort of where Where it has been in the past So and also with that being said the majority of these indicators are range bound What that means is have the full-stow up on spy. This is a five-minute chart here What that means is it will always stay between a value of zero the value of a hundred it can never go up above a hundred it can never go below zero and That in itself is so dangerous. Why because the majority of day traders the majority of traders. I Think that just because an indicator is showing a quote-unquote Oversold area or over body area. It means that it's ready to to move In the opposite direction so people jump in hoping to see the price reverse and In this instance it never really does Clearly obviously hindsight clearly the price the direction Where you would have made your money is to the upside But even you know, even here in the open down and then all you know You get up up above here in the indicator you get above this 80 line here, which shows It's telling you it's an overbought situation But look what the option with the object keeps saying options So sorry, but look at what the price actually does it moves higher and higher and higher and higher And even whenever it peaks off sure it moves a little bit lower And if you would have gotten it the exact high you would have made Some decent profits here, but for the most part after this move price stays flat there's no money to be made there and the indicator is going up down up down up down and That is essentially the sort of the issue here and again even if if it moved up like it did here in the morning and You wait for the indicator to come back down a little bit you get in sure if you're a day trader You could have made an okay profit here don't know how much but The price just stays flat. It's not telling you hey, it's ready to move much higher You know, maybe if it moved higher, you know past this high here Maybe but I've seen many times where it gets past it It makes a little bit of higher high and then it just completely falls apart So in a nutshell, it's essentially why day trading is so hard. We're using lagging indicators Again, I don't have a solution for you. I'm just helping you Understand why day trading is so hard lagging indicators and range band indicators Don't necessarily tell you what the future holds. So I hope you enjoyed this this video here comment down below what you thought about this video and If you have any thoughts If you have any solutions, I'm trying to sort of just get together with certain people and Talk stocks talk trading. It makes for interesting conversations and maybe we can learn from one another So thank you so much for watching hit that subscribe button if you haven't subscribed below and I promise to try to Stay up and with my videos and make more consistent videos in the future. Thank you so much Bye-bye