One of my favorite illustrations with curious question-askers is to compare day trading with golf. When they find out I've done well over the years day trading full time, and ask why they shouldn't just get a deluxe computer and software program and "go for it", I tell them day trading is like golf. You can buy expensive clubs, have a cadillac of a golf cart and a high toned caddy, but if you do not practice, practice, practice, and work hard and study the game, you will be a lousy golfer. Day trading is like that. Usually they get the comparison. A fellow at a seminar yesterday wanted to know about how much fun day trading was, and said he was thinking about chucking the insurance business and diving into day trading. I think the illustration worked, once again. ----
Attended a day-long advanced seminar by TC2000 on Friday. Got some good new scanning and PCF ideas. Anxious to put them to work. But there will be a period of study and "practice" before I implement them.
....And no, I don't play golf. :) |
