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Strategies & Market Trends : Are you considering quitting your dayjob to daytrade?!

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To: SpongeBrain who wrote (23)1/17/1999 10:37:00 AM
From: jttmab  Read Replies (3) of 611
 
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Interesting reading this week in Forbes. While much of the focus was the net stocks. Read it as a hint in day trading. Pay particular attention to the discussion later in the article on LBOR for one insight into what can go wrong.

forbes.com

The discussion here and most other places are nearly always focused on can you make enough money in full time trading? Not diminishing that point in any way, also consider whether you can sit in front of a couple of screens all day long looking at streaming quotes, news feeds, volume indicators day in day out for years. It might be exhilirating or it could become drudgery. Your own personality is important.

Regards,
Jim

P.S. I mentioned to pay attention to the discussion on LBOR. I was on the wrong side of the trade. It was quite ugly.
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