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

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To: TFF who wrote (1187)11/26/1997 7:34:00 PM
From: Ramsey Su  Read Replies (2) of 12617
 
irby,

there had been discussion here that only 5-10% of those who tried succeed as a day trader. What do you consider "successful"? $10,000 per month, $20,000? More?

If you are a "successful" daytrader, is it true that, in theory, you can day trade any stock and make money? In other words, if you are restricted to trade only the most ten active stocks of the day, would you make money in the long run?

Finally, if I line up 10 "successful" daytraders and restrict them to trading just 10 stocks, wouldn't all their decisions during the day be similar?

Sorry for all the questions, appreciate your comments.

Ramsey
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