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

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To: Mark[ox5] who wrote (42)1/17/1999 9:49:00 PM
From: Ron McKinnon  Read Replies (1) of 611
 
just a few comments from posts read so far, more to follow

far too many posts about huge gains in a day trade
yes, they are there but that is also where an ONSL can fall from 100 to about 50 in less than 15 minutes as so many did one day a while back

something like a consistent 1.50% gain weekly, compounded, is 100% annual

sitting at this tube 12 hours a day can both suck and be addictive

full time trading
buy your own health insurance with pre tax $'s
no paid sick days, holidays, vacations, 401K's etc

good tools are mandatory but don't go overboard; often less is better

remember that 95%+ of all the posts your read here, YHOO, other places and especially pay newsletters/sites are a crock; they are for the $ benefit of the writer, not the reader
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