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Strategies & Market Trends : Trading For A Living

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To: Adelantado who wrote (1611)	4/19/1999 10:22:00 PM
From: Dave O.	Read Replies (1) of 1729

< Day trading is a risky business. When the market is going up, no problem; when it goes down, day traders are hurt the first and the most > Not if they play both sides (short AND long) of the market. I'm amazed at the number of posts that assume when the market declines everyone's losing money. On days like today "investors" lost some money but traders didn't necessarily experience such losses. First, they could have been short when the Dow was +270, and/or second, they could have bailed out when the market started to reverse and incurred small losses or protected profits from the morning. Dave

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