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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Bilow who wrote (4424)9/26/1999 9:03:00 AM
From: KM  Read Replies (1) of 18137
 
The market is big and varied enough for all approaches. You have yours. Mine is evolving into playing the same three or four stocks over and over with occasional forays when a setup looks particularly good (mostly using Alan's seven bells or Pristine's stuff). I don't think age or lack thereof is necessarily a predictor of success or failure. I've met some awfully dumb and greedy middle aged adults and some very savvy twentysomethings (our friend, Smart$ for instance). I think what annoys most of us is the stereotyping which goes on in the media and in public perception. However, beyond mild exasperation every time I read another stupid piece, I don't much care what anyone thinks. I have been able to support myself on trading income (taking several small gains during the day without the home run mentality, which has been hammered out of me) since the day I started without any reduction in lifestyle and that's all that matters to me.
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