DAYTRADING Fundamentals Message Board

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Strategies & Market Trends : DAYTRADING Fundamentals

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To: TFF who wrote (8310)	5/6/2000 10:48:00 AM
From: Dave O.	Read Replies (3) of 18137

< this is the mentality the daytrading firms enforce to get people to scalp 500 times a day. > Don't you think a lot of the daytrading places are moving away from that focus (scalping all day)? I mean if you look at some of the packages being rolled out it's no longer mandatory to trade "x" times per month to get the software cost rebated. Watley introduced their free version, Trade Portal came out with something similar and now All Tech has a comparable offering and I imagine there are others. I think with the proliferation of technically competent people out there that these firms realize there are plenty of customers to go around and they can still make money. And I suspect that a lot of people are figuring out that scalping isn't the only way to make money, rather, it's probably the toughest way. Dave

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