DAYTRADING Fundamentals Message Board

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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Ken Adams who wrote (9)	6/5/1999 11:33:00 PM
From: Bilow	of 18137

Hi Ken Adams; About splitting those teenies... Those of us who scalp are making a profit from those teenies. A day trader who can generate a decent volume of trading with a gross profit of 1/16th per share (round trip) average can make a very good living. On the other hand, if a long term trader tried to scalp those teenies, he probably wouldn't get into some very profitable trades. In short, there are thousands of ways of making money in the stock market. Unfortunately, there are also millions of ways of losing money there... Sometimes I wish I had the ability to play longer term, but I find that it works best for me to hold for 5 minutes or less. -- Carl

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