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Strategies & Market Trends : NetCurrents NTCS

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To: Ally who wrote (2408)	10/28/2000 2:05:21 PM
From: Teresa Lo	Read Replies (1) of 8925

"Day" trading vs. "Buy and Hold"? Well, first of all, buy and hold is NOT trading. It is "investing on faith" that the market goes up in the long run. Secondly, "day" trading is no different than any other type of "trading". It's just that people attempt to complete their buy and sell transactions in ever smaller time periods. Without skill no one can make money in trading - PERIOD. In "day" trading, in addition to having skill, one needs to be able to make a large number of decisions in a small amount of time, and in my opinion, most people are not suited to do this, psychologically. If you wish to read some articles I have written, here is a small list: Trading for a Living: The Biggest Lie of All... ispeculator.com The Successful Trader: ispeculator.com The Secrets of Success: ispeculator.com Trade with the Trend: ispeculator.com My personal opinion of Buy and Hold: ispeculator.com Teresa

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