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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: funk who wrote (1012)	11/16/1997 11:04:00 PM
From: funk	Read Replies (2) of 12617

Maybe a part of my outlook on life...is attributable to being self employed. When the GE trader was telling his story from boston; I felt bad for him. I would never "encourage any one to daytrade", but I was a little confused. Four thousand bucks up in smoke...yeah that sucks, but wow run any business...ANY business at all....I guarunFUNKINtee you... you will make mistakes that smoke up thousands of dollars. Hopefully not very often and maybe not always too many thousands, but such is life. Daytrading for me is another part of my little business. There will be gains, losses, expenses...and hopefully it runs in the black....but holy smokes any business has risk, any business has a learning curve, and in any business, or if you work for another you still have to be wary of creeps that exploit the innocent, naive, or wreckless. Hey, you think Day trading is tough? Try farming! AE The fellow that doesn't want to devote time to trading? I think he better take steve's advice and buy a mutual fund. I'm putting in like 80 hours a week...hopefully some day that won't be the case, but ask anyone that runs their own business how many hours they work. Atleast to get started you have got to PAY. In theory if you PAY with lots of hours and worry, you won't have to pay with lots of money. But that is just theory. My old man always told me... When you go to the school of hard knocks... you've got to keep paying tuition. I felt like if the GE trader had a computer at home and just figured out his own modest strategy....but you know that isn't for everyone. And to each his own. AE

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