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Strategies & Market Trends : Technical Analysis - Beginners

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To: ExCane who wrote (8155)3/22/1998 4:34:00 PM
From: jomama  Read Replies (1) of 12039
 
Gentlemen;

I have learned alot from this thread so far. I have a question for anyone: A friend is talking about getting into Day Trading. I have heard this is very difficult. He thinks he can search for a dip, buy in and sell later that day. With commisions as they are on the web, the many trades will not negate his positions as they once would have.

I have read many times that it is better to hold onto a stock long term, altho of course, the timing will vary. Would anyone please comment?
Are there any day traders out there?

Thanks in advance for any help.
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