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Strategies & Market Trends : DAYTRADING Fundamentals

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To: ahhaha who wrote (7341)	3/12/2000 6:39:00 PM
From: Dave O.	Read Replies (1) of 18137

< What evidence can anyone produce that they were "ripped off"? > Well, I think we can start with the NASDAQ Market Makers Antitrsut Litigation that was settled for about $1 billion if I'm not mistaken. Somehow 24 MM's who apparently conspired to widen spreads agreed to settle the case. < I am telling you that greed is intrinsic to all humans. > Wrong! Perhaps the majority may be but not all. I for one, am not! I trade for a living, to support myself. I know what I need to make to pay the bills. And when I have a decent day (or week) I leave it behind, whether it be mid-morning, noon or the afternoon. I have no desire to try to make more $$$ if I've already achieved my goals. And I've watched many traders who keep trading give it all back by days end. There's a lot more to life than trading (and money) and I feel fortunate that I can pursue the other areas after working the equivalent of part time. < As for brokers, investment bankers, etc., ... if you believe that any of them is operating in any deceitful way > Hey, anyone who's been around knows that you have firms that might have a strong buy on a stock as they are unloading it. And I imagine some people do consider such deceitful. Dave

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