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

To: Eric P who wrote (3821)	9/12/1999 11:18:00 AM
From: Dotty	Read Replies (1) \| Respond to of 18137

<This trader may only make 0-2 trades per day, and will focus primarily on a lot of watching, reading and paper trading.> A bunch of great posts for those of us in the Learning Curve... Re: Paper Trading Here's a site where you can print out a nice trading log altavest.com

To: Eric P who wrote (3821)	9/12/1999 6:07:00 PM
From: Don Pueblo	Read Replies (1) \| Respond to of 18137

If everybody who wanted to start day trading would just do that, many more of them would succeed.

To: Eric P who wrote (3821)	9/12/1999 10:26:00 PM
From: Time Traveler	Read Replies (1) \| Respond to of 18137

Thanks for all that responded to my question. This is one of the most informative threads on SI. Right now, I am toying around with the idea of going full-time investing, not necessarily day-trading like what you guys are doing here. After all, even a mere 15%-20% return (like the S&P500) with my capital per year would generate more income than my annual salary. Last year I changed my strategy of turning trades around in a few days. That netted me with a return of 60%. Unfortunately with a new job, most crucial information allowing me to formulate my strategy has been blocked by my company?s firewall. I was naive to believe that missing the majority of the information was of no major hindrance towards my investing. I was dead wrong. I have not done very well this year. I am just wondering if there are folks out there who share the same type of background as myself and have been very successful at managing his or her own investment. I am fed up with my career. All the fun works (research and development) pay very little money. The high paying works are the management type which I really detest. Every day, I watch my portfolio increases or decreases several times more than my monthly salary. I wonder if I can make my investment more efficient. Is scalping for $1/8 or $1/4 here and there the answer? I am not so sure. Please advise.