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Strategies & Market Trends : DAYTRADING Fundamentals

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To: ynot who wrote (3088)8/19/1999 12:21:00 PM
From: Dr. Voodoo  Read Replies (2) of 18137
 
If you want to play you have to pay and you get what you pay for.

That simple.

If you don't have the money in the account to offset enough to cover your fees, and make rational decisions....Well you'll learn fast:) Everybody has to start somewhere.

Also, a certain amount of volatility and common sense is required. I guarantee that I cannot make half the trades of people like A@P and Tokyo. It just means that I have to be more judicious and careful in planning my ins/outs. Can you make a living this way? No. Can you learn enough this way to eventually earn a living? Yes. I can't imagine somebody expecting A@P or Tokyo to earn them a living.

Yes, I can see where the po-folks can get run over(myself included once or ten times!), but, my argument is that the gurus are leaving enough on the table to learn and earn. I don't subscribe but I do occasionally trade their picks. For me it's about getting on the court with bigger/faster/better players and learning the game, not trying to get rich. If the volatility is there, then the play can be made.

Just call it intellectual/financial darwinism.

V
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