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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: clochard who wrote (41226)6/30/1999 8:48:00 PM
From: per strandberg  Read Replies (2) | Respond to of 94695
 
Steve,

I fully agree with amateur daytraders loosing money:

Shuffling money between themselves is not a zero-sum game.
The commissions and the spread is bleeding off a substantial
amount every time into the professionals' hands.

Just like Vegas! Some may be lucky but in general they are slowly
loosing. Despite the glorious success stories we read about,
I am sure that the popularity will soon wear off and we will end up
with too few traders getting broker on-line serviced by too many brokers on-line.

Are there any available statistics about on-line accounts?

Regards
Per S