SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Momentum Day-Trades

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jodi Segal-Lankry who wrote (9)10/19/1997 6:03:00 PM
From: Alan Coccio   of 26
 
Jodi, I hope you won't take offense at my jumping in here and responding your question.

I don't find fault at all with his treatise. To me, it's simply a primer - a tutorial of sorts - for many that badly need it. I agree that it has a slight tone of disdain for our type trading. (You see, I'm also a daytrader, momentum trader - even call me a "pump and dump" follower.) Like you, I suspect, I play this game to make money. I can't imagine another good reason to become involved in the stock markets.

Those that don't quite understand our methods fall into a couple of camps. Either they don't have the tools and savvy to daytrade or they look upon quick in/out positions as a form of robbery since they believe this is a zero sum game. It's just a lack of understanding so I wouldn't take umbrage.

All the best to you and, again, my apologies for jumping in the middle of a conversation.

Al
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext