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Strategies & Market Trends : Trading is a Business
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To: joseph krinsky who wrote (2)8/11/2001 6:55:37 PM
From: Brandon   of 12
 
The bottom line: As we've always said here at the Fool, day trading is not a viable way to make money for most investors.

Agreed. Most people daytrading treat it as a hobby. As I said in the first post here, hobbies are expensive. Others, while not treating it as a hobby do manage to use it to fullfill a need for action. But on the other side of this is a small group of people who are serious about the profession of trading. That group is who this thread was started for. Those that come into the business without a plan are doomed to fail, as they would be in any other business.

Brandon
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