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Strategies & Market Trends : Three Amigos Stock Thread

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To: Jibacoa who wrote (23455)1/17/2001 7:12:12 PM
From: Sergio H  Read Replies (2) of 29382
 
Bernard, I never heard of any of the stocks on your list. <gggg>

Interesting stats from CNBC:

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Article: Statistics Among Day Traders

Bob Pisani

Semi-professionals:

They make 25-45 trades a day
There are only about 50,000 traders
They account for 80% of online trading
They have become more active, increasing their trading by 55%.
Active traders who go through E*Trade or Ameritrade:

Trade 15-40 times a year
They account for 16% of online trading
They are decreasing their trading 37%
Self-directed traders:

Trade less than 15 times a year
They account for 4% of online trading
All of this means that the tough are only getting tougher. Day-trading “wanna-be’s” are dropping out.
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