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Strategies & Market Trends : DAYTRADING Fundamentals
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To: WallStreetTips who wrote (132)6/6/1999 6:29:00 PM
From: James F. Hopkins   of 18137
 
I can understand taht , and for the most part SAM, TLC and myself
have given strong warnings to the risk factor in short term
or day trading..the majority will lose their arse.
---------------
Now without getting into the details I will add there are not
a lot of long term investors with solid objectives. A lot of
mid term ones but very few long term ones.
I also am privi to some certain information that shows most
Stock pickers don't do near as good as Wall Street wants the
public to think. As a matter of fact most of them lose money,
but that's also hidden from the public eye.
There is a reason most full service brokers will offer to
put new accounts into some mutual fund, and it's not to
shaft them. They know that the average Joe can't pick stocks
that's a fact.
Don't get me wrong I do not regard any one on SI as the average
Joe, the average Joe don't even find this place.

Jim
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