DAYTRADING Fundamentals Message Board

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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Eric P who wrote (1498)	7/3/1999 5:35:00 PM
From: Dave O.	Read Replies (1) of 18137

< the young traders may have an advantage getting into daytrading, in that they typically do not have a long career to lose. > Exactly. I left an engineering career after 17 years and knew if I HAD to go back it might be tough after being out of the work force for a number of years (pursuing trading). Technology advances, post 40 age biases, etc. would make going back at my salary level a big challenge. > One is 21 years old, just out of college. He borrowed $50,000 from his parents to get started and has no other income. He 'needs' to make money to pay for his living expenses. > Actually he may not even need to make money for living expenses. I was browsing through Chris Farrell's recent Day Trading book at Barnes & Noble and noted in the intro that he moved back home with his parents to start trading ( at age 25) after working at Olde and Gruntal 2-3 years. Dave

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