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Strategies & Market Trends : The Final Frontier - Online Remote Trading
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To: KM who wrote (6726)3/21/1999 2:02:00 PM
From: brichard  Read Replies (4) of 12617
 
I'm a novice at DT and position trading since sept '98.
Mostly I position and short-term trade.

i find DT to be a little too fast-paced for my skills and
technical resources. I have Level II quotes but barely
understand how to use the information.

Prior experience - put money in a top-ranked mutual fund
and forget about it.

Have read the books:
Electronic Day Trading;
How I Made $2,000,000 In The Stock Market;
How To Make Money in Stocks;
One Up On Wall Street.

I've not taken ANY daytrading classes.

I use SI threads as a source of stock ideas. Use my novice
level understanding of TA to time entry and exits.

I've missed ALL of the big internut plays such as EBAY, etc.
I do make losing trades. My portfolio (from a small inheritance)
is up 83% since Sept.1, for an annualized rate of 153.7%.

I'm making about the same amount of money each month
with my short-term trades as I do on my "day job".
Not bad work if you can get it - doubling my income
each month.

My point is: if I can do it, anyone can.

IT'S NOT THAT DIFFICULT!!!

I'm tired of all this media hype and SEC
regulatory shit about how people are risking their
butts for profits on "teenies".

Me thinks it's part of the fear-based agenda that the
megabucks financial institutions have always used to control
the average retail investor. grr!!

That, and of course sensationalism always sells newspapers
and magazines.

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