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Strategies & Market Trends : DAYTRADING Fundamentals

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To: TraderAlan who wrote (1492)7/3/1999 6:08:00 PM
From: marketbrief.com  Read Replies (2) of 18137
 
I recently visited two daytrading shops in NYC and can attest that I did not meet or see a single trader over age 35, with the majority there being younger than me (I'm 29). Now these were scalping shops, 400-trades-a-day places... so I think it is *not* a myth that scalping is the preserve of the young. There were not many "grizzled veterans" among them as far as I could tell, so I assumed they were a new flock being led to slaughter/self-annihilation. ;-) Every single one of the "daytrading wizards" profiled in the new Friedfertig book is under age 35 too.

~Smart$
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