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Strategies & Market Trends : The Final Frontier - Online Remote Trading
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To: TFF who wrote (2353)1/12/1998 8:39:00 PM
From: Richard Estes  Read Replies (3) of 12617
 
I thought that applied to any trader that does not take the title of investor.

You mentioned a business or profit plan. I suppose you mean: say 3 points a week and if you fail to do it. the shortfall is added to the next week. At what point should a daytrader, give up the ship due to goal shortfalls?

I notice Cooper says 10 points is his goal but he doesn't daytrade. What do you think the 1000 share daytrader should expect? How many loosing trades should he plan for?
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