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Strategies & Market Trends : Trading For A Living

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To: JParker who wrote (1593)	4/19/1999 2:03:00 PM
From: William W. Dwyer, Jr.	Read Replies (2) of 1729

"....but in the back of my mind I still think I can do this, and I don't want this to beat me!" Jeff, I said that exact same thing for darn near two years. And it beat me anyway, in addition to wasting about half my trading account in the process. Had I given up on it sooner, I'd be way ahead. I truly believe there are reasons why most traders cannot win consistently over time with daytrading, and the reasons have little or nothing to do with one's being intelligent. In fact, I believe the intelligent ones see early on that it's a loser's game, not unlike the casinos in Vegas. Bill

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