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Strategies & Market Trends : From the Trading Desk

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To: wmwmw who wrote (3204)6/9/1998 6:35:00 PM
From: steve goldman  Read Replies (2) of 4969
 
Wang,

Good point Wang! I think I had hinted towards this. I guess if I had been blowout successful at day trading and could generate $1500 bucks each and every day, I wouldn't be working my current job. Perhaps I found my nitch in working with clients, executing client orders and building a business. To each is ones own. I dont think Bill Gates would consider Andy Grove a failure because Andy built chips instead of software. I truly do wish all daytraders the best. No reason not to...I just want to be sure that readers of this thread understand what I consider therisk..

For those that are successful, the gains can be tremendous, good money, flexible hours, working at home potentially, being your own boss. Man, nothing is better that a few great trades...recall I stated I still do about 6 trades a week and if they didnt meet with success, I wouldnt be doing even those.

The whole premise of this discussion as I pursued it was, regardless of how far Darren and I digressed in going at one another, is that daytrading, has serious risks, and isnt as openly successful as some might think by simply reading these threads.
-Steve@yamner.com
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