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Strategies & Market Trends : DAYTRADING Fundamentals

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To: hypostomus who wrote (15252)2/17/2002 2:00:01 PM
From: Raymond Duray  Read Replies (1) of 18137
 
Mike,

I've found it interesting that the very best traders are street-savvy high testosterone types who generally are at level of educational achievement far below that of the guys in the corner offices. Perhap apochraphal, but it is suggested that the very best open outcry traders are hired right out of high school. Advanced education is a detriment to success. Thus, I'm toast as a trader.

Re: The free market economy has survived far worse thieves, charlatans, incompetents, and frauds than you are complaining about

Complaining? More like whining, according to my foes. <g>

Here's a delightful bit of history of the rogue's gallery of Wall Street. Crooked since the days when Revolutionary War paper was traded under the buttonwood tree 210 years ago:

washingtonpost.com

OK, I've overstayed my 30 second tick, and the limits of concentration at this short attention span theatre of the absurd........

Hasta

PS: Re: Reading the books from the early 1930's, I am encouraged that the market can go completely to hell, and a skilled trader

Yeah, right. Reminds me of Richard Whitney... <g>
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