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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: TraderAlan who wrote (7293)	5/17/1999 9:10:00 PM
From: TFF	Read Replies (1) of 12617

The media seems to be concentrating on: full time "scalping" daytraders: Those daytraders that make 20+ trades per day. typically from daytrading firms using level 2 and a video game mentality. part time "mom & pop" gamblers: with no set trading plan or experience.typically using the Etrades' of the world. They seem unaware that there exists another group of daytraders: full time "swing" daytraders: those doing less than 20 trades a day with a set trading plan using T/A,F/A,and market experience. Typically using a daytrading firm or high quality firm. The main reason the media concentrates on the former 2 groups is that those are the groups which middle America can relate to and thereby provide the greatest audience and advertising revenue for the media outlets themselves. So the bottom line is "get used to it". The media machine will continue to churn out stories that continue to drive the herd towards the allure of "easy money" on wallst.com. There is truly no hope for this group as they are chasing a dream rather than a reality. The smart traders will realize this and be more than willing to "fleece the flock". Cheers!

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