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Non-Tech : CYBERTRADER

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To: Philip R Berber who wrote (774)6/8/1998 2:06:00 PM
From: steve goldman  Read Replies (2) of 3216
 
Sense...someone said they had done on average 4000 tickets for themonth, that I think that is a ridiculous amount of volume, that the person had better be making money because if they arent the broker is doing a major disservice in not teaching the individual about prudent investing and trying to explain the difference between quality trading and quantity,
yet...I wish them the best, I was just started when I heard that someone would actually try to do 4000 trades a month, thats 200 trades a day (assuming 20 trading sessions), thats 26.6 trades an hour or about 2 trades every three minutes.

About 7trades in the time it took to write this, every day, all day for amonth.
-Steve@yamner.com
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