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To: Bilow who wrote (177)8/16/1999 1:15:00 AM
From: Gary Korn  Respond to of 182
 
Carl,

After all too many shocks, and a lousy return, I finally gave up day trading. I've been accumulating long term positions (and bonds) for the past two months. I found that my returns from investing, at least in the years before I started trading, were better. To each his/her own, right?

Best,
Gary Korn



To: Bilow who wrote (177)8/16/1999 12:19:00 PM
From: Investor2  Read Replies (1) | Respond to of 182
 
Hi Bilow. There have been many recent news articles about "daytrader" studies. Essentially, the stories imply that only fools day trade, 70% of daytraders lose all of their money, etc.

Are these studies/stories correct?

Best wishes,

I2