Momentum Daytrading - Tricks of the Trade Message Board

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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade

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To: Rashid Garuba who wrote (121)	1/8/1998 7:48:00 PM
From: Ken Wolff	Read Replies (4) of 2120

Hi Rashid, With 50k, how much can a disciplined "average" trader take home weekly? It is very difficult to give an amount because of the variables involved. Some traders handle themselves with grace and agility and others trade like they are drunk. The market is another variable. Since October trading has NOT been as easy to trade as this summer when all you needed to do was jump on the latest news story. Now the market is rewarding those with experience to change and maintain their trading discipline. The biggest problem that traders seem to have is holding onto BAD trades thinking they will go up like they did this summer. You will experience a learning curve that generally costs you some money too. All I can say is I would expect a 6 figure income if I were trading $50K Good Luck, Ken mtrader.com

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