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Pastimes : Working a day job and making a profit with low capital

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To: CatLady who wrote (10)4/9/1999 1:23:00 PM
From: Fred Davis  Read Replies (1) of 32
 
Thanks for the link. I probably need to start looking at changing brokers to get a little better return. Although I do use an online brokerage service, they are a bit higher than some of the others available, however from all the horror stories I keep hearing I am reluctant to change. I do receive good service for the most part with only a few exceptions. I hardly ever have server problems but if I do I can still use the automated phone system.

The 2% a day still seems very hard to achieve. This would mean an average of 20% return in 2 week trading period. I see 20% returns all the time but also see a lot of losers that must be factored in to an overall average. How does one factor in the losers and still obtain anywhere near this type of average? I know no one is saying it's easy and if it were we would all be millionaires, right? :) I am a capitalist and have always believed in the American dream.

Thanks again for the link and enjoy the conversation. The day I stop learning is when I no longer exist.
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