SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Are you considering quitting your dayjob to daytrade?!
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Don Pueblo who wrote (192)1/18/1999 12:43:00 PM
From: William G. Murray  Read Replies (1) of 611
 
As you said, "Well, all I can tell you is that my human condition starts with me and my wife and kids, and I'm doing fine."

I heartily agree. Years ago, in simplier times, you could dig a ditch and say, "I did a good days work, now my field will not flood." You could nail shingles on your roof and say "Now my family is safe and has shelter."

Just how daytrading fits into the picture depends on how complicated your picture is. If daytrading keeps a roof over your family and food on the table, your earnings can pay your taxes (supporting the local police that will help protect them), then daytrading is "good". You did not dig the ditch or nail the shingles, but your earnings from daytrading may have paid for those things.

If you want to cure cancer, you won't do that daytrading, but some of your gains can be donated to the fine individuals that are making the effort to find a cure.

I guess its all depends on just how "hands on" you want to be. But if you want to consider daytrading for a living,(or any other career for that matter) make sure you have it right in your head before you commit, not after. You will be a happier person for it.

FWIW
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News