DAYTRADING Fundamentals Message Board

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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Dave O. who wrote (1495)	7/5/1999 3:29:00 AM
From: Paul Viapiano	Read Replies (1) of 18137

<<<perhaps older traders (I'm 45, so I'm real old <GG>) may be a bit more conservative, happy with the singles and that occasional home run.>>> I know what you mean, Dave. Actually with 240 trading days per year, if you "only" banked $200 per day, you'd end up with $48K in a year. That's not chicken feed. I think a lot of traders, newbies especially, get psyched up for the kill with all the hype that is out there re: daytraders. There's a lot to be made in relatively safe plays that hit consistent singles and doubles without the nervousness attached to internets. Hey, I love internet stock trading as much as the next guy, but someday these incredible intraday swings won't be there and traders will have to learn a new style and get used to days where 3/4 point will be a good day. Paul

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