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Pastimes : Grinders and Gripers Coffee Shop
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To: Apex who wrote (354)6/27/1998 3:38:00 PM
From: Savant  Read Replies (1) of 4201
 
Those people in the day trading programs are in there for seconds or minutes, they usually trade 1,000 share minimums..$1.00 is $1,000. and they can make or LOSE it in a moment.....IMO very bad idea for most folks. Cutting loses in those cases is only losing $1,000 vs losing 5-10,000 at a whack.....From what I've read, heard and seen, the people making the money are the OWNERS of the service.
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