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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Paul Viapiano who wrote (1821)7/13/1999 1:25:00 AM
From: -  Read Replies (1) of 18137
 
Definitely. The notion of a "daytrader" has now been associated firmly in the public mind as a bunch of corrupt, gambling, really video-gaming, irresponsible 20-somethings. Not too flattering, huh? Thanks once again to our free press -- free from really looking into something very seriously before they aggressively spew the NASD line, and set the national opinion about it!

When I first switched seriously from investing into trading, 6-7 years ago, this was not a problem. Most of the traders I met were commodity traders - I was something of an oddity as a stock trader.

Even here in progressive Silicon Valley the notion of "trading" (vs. investing) is widely looked down on, judged pretty negatively for the most part. I usually keep it a secret (and I write on TigerInvestor under a pseudonem for now...)

Of course, the enjoyment of doing something challenging that you enjoy, and the bucks make up for that...

-Steve
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