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

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To: Tim Luke who wrote (40)1/17/1999 12:27:00 PM
From: speedbird  Read Replies (1) of 611
 
What is success?

If growing a few thousand dollars on net stocks is success, then the discount broker is ok. If it is being a real pro (which I am not) then surely you need to manage you risk more with better data.

I read one trader who made over $ 20,000 on MZON. I remember that day well, I bought the stock mentioned 3 minutes later in one of the broker chat columns instead, and made nothing. I missed the same gain as I would have put in about the amount he must have) - but would not have needed more than a basic free realtime quote system to bag that momentum madness.

Seems to me the rules are changing so fast yo have to re-examine your strategy every week.

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