<so your trading account must be worth $10M+ now...>
Better than that! No, just kidding :)
This is not fully compounded, and as you're learning to trade, you cannot scale your trades directly and expect to parlay your account like that - that's another topic. I pull money out on a regular basis for various purposes including living expenses, and fully funding a sizeable technology business that would have otherwise required venture-capital funding.
Considering your hostility level, I woul prefer to just end our unfriendly little discussion here. Obviously the concept of making a lot more money trading than investing, is beyond your comprehension. Despite the fact that it is happening all around you, all over this great country, every day of the year.
I must say, this is NOT a friendly thread - too many rednecks. So, I am going to say goodbye to you all! I am relatively new in returning to "Si" after a couple of years off (due to this kind of experience previously), so I will now crawl back under my rock and disappear from the YHOO thread, back to my home, the the "Daytrading Fundamentals" thread.
By the way Yam, I made $27,000+ just today alone, daytrading YHOO, EBAY, AMZN. If you don't believe me, call MB Trading and ask them. How did you do with your investments? Did you end up flat tonight, or are you wondering how the markets will treat you tomorrow?
See you around,
-Steve |