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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: yard_man who wrote (30143)4/4/1999 4:15:00 PM
From: IceShark  Read Replies (1) of 86076
 
I'm not so sure if the burn out of day traders overall is actually the case tip, but I don't have a clue as to the facts, so WTFDIK. With a constantly rising market, the odds are on your side if you are going long, which I think most day traders do. And they concentrate on the nifty 100 stocks. Would be interesting to see the stats.

I have never understood how Larry Dudash makes out. His scalping of many 1/2 points can get more than wiped out with a bad gap move against you, especially if you keep an overnight position. Guess HAL must be pretty good.
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