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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Don Pueblo who wrote (47)6/6/1999 10:12:00 AM
From: sam  Read Replies (2) of 18137
 
Your advise is excellent. Daytrading ain't easy. it is NOT the sort of 'job' I'd recommend, because it takes -- IMO -- years to truly perfect. I made, then lost, then made, then lost, then made again several fortunes. NOT because of the stocks I chose, but because I continually ran across market environments that I didn't quite understand. Beginners THINK they develop a system, only to learn THE HARD WAY that the market has "changed" out from under them. Daytraders must be willing to learn and to adapt. And since many of us have only been doing it for five or less years, we've never encountered a real Bear market. That'll truly be a lesson for us.
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