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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Dotty who wrote (2719)8/13/1999 1:10:00 PM
From: Eric P  Read Replies (2) of 18137
 
Dotty:

We are all glad to have you on the thread and wish you the best of luck for success as a daytrader.

All the trading success I've had has been due to random luck & all the trading losses are due to the classic newbie errors of; chasing,overtrading, passive losing,impulsivity, attachment, denial, poor money management, listening to tips, deer-in-the-headlights procrastination...the list goes on & my tuition costs are high, but I am committed 24/7 & I do love this & so far I've only run through my profits.

From what you described, you are well on your way to success. You have now monitored and traded in the market for up 4-8 months and don't have a net loss to show for it. That's great! Once you have learned to 'survive', learning to succeed becomes much easier and cheaper. It also sounds like you are truly dedicated to trading and enjoy it, both of which are very important for success.

If you have any problems or questions, please feel free to ask them here on the thread. That's what we're here for.

Good luck,
-Eric
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