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Strategies & Market Trends : DAYTRADING Fundamentals
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To: RockyBalboa who wrote (7049)2/27/2000 8:46:00 PM
From: Jon Tara  Read Replies (5) of 18137
 
The advantages of a set are supposedly better information (dubious nowadays) and being in a room with a bunch of other traders, who you might get ideas from. I supose it also may instill in some people the notion that it's a full-time job. But if you don't have the discipline to take it seriously, you have no business day-trading in the first place.

I think that the pressure to trade constantly more than offsets whatever advantage there might be.

Frankly, I agree that that part of the industry is nothing but a scam. I hope that the government doesn't ruin it for the rest of us because the trading rooms have poisoned the image of day-trading.
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