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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: funk who wrote (1012)11/17/1997 8:31:00 PM
From: steve goldman   of 12617
 
Aesashely, thanks for the message. Heck, if you like 9 out of 10, then I must be doing something right. Don't get me wrong, I, me, myself, am a professional trader who does this day in, day out for my clients and myself.

Nonetheless, if you watched tv with the Etrade ads with some sexy women up at midnight checking her portfolio, and if you checked the day trading threads, you would think that you could only make money by day trading. As experienced traders, you and I know that is not the case, far from it, that day trading is probably the most risky, gambling-like type of investing, if you want to call it that, that there is.

I am sure you are a great trader and so the concept of losing money or not having discipline does not strike you. Yet a lot of readers here "hey, I bought xyc at 10 and sold it 10 1/2 , 2minutes later, I did that 4 times, 20 round trips, etc. "" and all they think is wow, let me give up my profession and become a soes trader....bad move.

<<Go balls out>> True professionals don't do that. They may give the appearance they do, but in truth they are in check and in control.
I guess we have slightly different approachs. I can't speak for your success and I hope and wish the best for you. I do know what has worked for me and am simply trying to share that since I dont see anyone else suggesting caution, etc.

Regards,
steve@yamner.com
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