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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade
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To: Pody who wrote (1190)6/22/1998 2:25:00 PM
From: Dave Twibell  Read Replies (2) of 2120
 
Pody & Mike -- I can't speak for the other traders on this thread (most of whom are far more experienced than me), but over the last few months, I have been averaging roughly $600/week in gains (including commissions). Some weeks more, some weeks less (like the last few). I have been trading for about three months and usually trade in 500-1,000 share blocks using MBT from my home in the mornings before I go to my real job. There is definitely the potential to make money doing this, but it is not easy. Like anything else, you need to gain experience before you can hope to make a living at it, and most importantly, you absolutely need to have the discipline to cut your losses and stay away from marginal trades.

Good luck.

Dave~
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