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Strategies & Market Trends : DAYTRADING Fundamentals
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To: Eric P who wrote (1491)7/3/1999 3:15:00 PM
From: TraderAlan  Read Replies (7) of 18137
 
Eric,

<Chris Lorenzen fits the profile of the average day trader. At 26, he's in the 25-to-35-year-old age group, he is college educated and he has had a previous profession>

What is with this pure and persistent myth about the young trader demographic? The article features two people in their 20s and one in their early 30s. The real revolution going on in day trading is the ground swell of 40 to 75 year olds.

Who do you think is catching all the money being lost by those trader-kiddies?

Alan
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