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Non-Tech : E*Trade (NYSE:ET) -- Ignore unavailable to you. Want to Upgrade?

To: Pullin-GS who wrote (7536)	7/12/1999 12:50:00 AM
From: Spytrdr	Read Replies (3) \| Respond to of 13953

well, as a matter of fact, many "pros" have indeed thrown away their level IIs. read the "Daytrading fundamentals" thread here in S.I., there were some comments on that a while ago by PaloAltoTrader and others. if you're a position trader, you can follow charts instead, it's much better. $ 250 gains during the day playing the momentum? $ 250?? you make me laugh, i don't move a finger for $ 250. and you think that's worth it... i prefer to make huge concentrated bets when i'm sure of something, than to make those stupid scalps that only drive you nuts. IPOs? i play IPOs too sometimes. i was talking against FRENETIC trading (you know, people here talking about accounts at 4 online brokers, CNBC on all day, $ 250 scalps, countless transactions a day, etc), not "normal" daytrading.