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Strategies & Market Trends : DAYTRADING Fundamentals
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To: Bilow who wrote (4424)9/26/1999 9:58:00 AM
From: Dave O.   of 18137
 
< what they went through to learn this trade, how old they were at the time, and how their trading style has changed over the years, and why.

Carl,

I spent quite a few years as an investor and ultimately began using TA for short term trades while I worked full time. About 4 years ago I decided to focus full time on trading and left a pretty good job. I knew if I didn't give it 100% I would not ever realize my potential. I went with my TA approach for a while but did move to scalping for almost a year. Sclaping was less profitable and I realized that commissions for one year amounted to about 2 years of living expenses for me! That opened my eyes a bit and I reverted back to a TA based approach resulting in a lot fewer trades, yet more profitable given the lower costs (i.e. commissions). In the end every individual has to go with the style they feel most comfortable with.

PS to Trader Alan ... so you're a man who's read a Hunter Thompson book or two .... Fear and Loathing in Las Vegas was as good as any IMO.

Dave
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