Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.77

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10:36 AM EST

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To: dougjn who wrote (6354)	12/13/1997 8:13:00 AM
From: Ramsey Su	Read Replies (2) of 152472

Doug, "I think most people who day trade lose big after a while." Having toyed with day trading for the last couple of weeks, I can't disagree with you more. There are many "strategies", "disciplines" etc in daytrading, just like the Buffet school or the Lynch school of long term investing. I have been trying them out and all seems to work fine. So far, I did about 50 trades with winners outpacing losers better than 4-1. They also carry far less risk than holding positions in volatile markets. At times like these, I think it is a great way to make some money. The only problem I see that most "normal" investors would have is time. Day trading requires constant undivided attention, real time quotes and market indicator systems. Ramsey

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