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

To: Dave O. who wrote (1495)	7/3/1999 5:24:00 PM
From: TraderAlan	Respond to of 18137

Dave, So true. Also suspect older folks have more discipline in general. Can't help but have that bias because I have children! Mine are fairly young but I tend to look at 25 year olds in a very different light than when I was 25 years old. If you set me loose in the markets with some decent capital back then, I would have turned it to toast in no time, just to support my very negative self-image. I didn't even start to like myself until I was 35. Alan

To: Dave O. who wrote (1495)	7/5/1999 3:29:00 AM
From: Paul Viapiano	Read Replies (1) \| Respond to of 18137

<<<perhaps older traders (I'm 45, so I'm real old <GG>) may be a bit more conservative, happy with the singles and that occasional home run.>>> I know what you mean, Dave. Actually with 240 trading days per year, if you "only" banked $200 per day, you'd end up with $48K in a year. That's not chicken feed. I think a lot of traders, newbies especially, get psyched up for the kill with all the hype that is out there re: daytraders. There's a lot to be made in relatively safe plays that hit consistent singles and doubles without the nervousness attached to internets. Hey, I love internet stock trading as much as the next guy, but someday these incredible intraday swings won't be there and traders will have to learn a new style and get used to days where 3/4 point will be a good day. Paul