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Strategies & Market Trends : Your Worst Trading Enemy.. You

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To: shawnwolff who wrote (92)1/19/2001 9:32:54 AM
From: E. T.  Read Replies (4) of 223
 
No probs Shawn. NG likens daytraders to dart throwers, and I suppose the analogy fits some. However, the alternative of not trading doesn't appyl here cause we're all traders, and holding stocks has been a total fiasco. The only profitable course of action in the last 8 months has been to trade stocks based on their daily action. There has been no profitable alternative, cause holding stocks longterm hasn't been working. So I don't know what he is talking about.
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