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Strategies & Market Trends : DAYTRADING Fundamentals

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To: exdaytrader76 who wrote (12256)3/10/2001 1:15:22 PM
From: Allan C.  Read Replies (1) of 18137
 
"In 19 months of observing:
1 client wiped out by day trading. It took almost a year to lose about $60K.
20-30 clients wiped out by holding long positions - usually one over a few weeks"

How many made money or broke even? I just wonder how the 80% failure statistic holds up.
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