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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: Rick Faurot who wrote (1069)	6/19/1999 2:57:00 PM
From: Richard Estes	Read Replies (1) \| Respond to of 18137

". I know tons of traders who do over a hundred trades a day. Most have been around for awhile and living well off their trading." I wish we had real data on this statement. Since the vast majority fail (that has been documented many times), if someone is making money doing that, all the power to them. If you think you can do it - start. I would love to get the commissions from those attempting it. If I was a brokerage house, I would go around telling about winners and never failures. Different strokes for different folks is right. The definition of "real", "serious","professional" or "knowledgable" trader haven't been written yet to everyone's satisfaction. BTW: how long have you been trading full time?