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To: RocketMan who wrote (14032)	8/11/1999 11:32:00 AM
From: LTK007	Read Replies (1) \| Respond to of 29970

<< I have also heard from many sources that the vast majority of day traders lose over the long term. I am not a day trader,<< Without question,the figures range from 70-90% get blasted--in fact when I am asked personally from friends should they do what I do,I say paper trade for at least a month to see how you do before you even consider trading. I should point out I am NOT a supporter of rapid fire daytrading,the frenetic churners,and because of that type of daytrading the public has gotten an erroneous conception of daytrading. I think a good trader need only trade a few times a week to do well,and he doesn't have to close his position at the end of a day if his wits tell him to keep something in play. But,regards randomness theory,the fact that they say that roughly 10% of traders do well to exceptionally well by logic disproves the randomness principle. The successful traders have simply mastered what appears to be chaos---overall though trading is only for the committed and hardworking person,it surely is not easy. ahhhhaaahaa or whatever his name is:) commenced is verbiage to me by annointing me a stupid fool,in doing that he revealed he himself is a fool.Good Luck,Max BTW,it is always good to have a long portfolio to go with your trading portfolio--as I do myself.