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

To: TraderAlan who wrote (4538)	10/1/1999 6:09:00 PM
From: Dan Clark	Read Replies (2) \| Respond to of 18137

Alan, Many of these "courses" are WAY over the top. Reminds me of side-show hustlers. It's ridiculous to pay $2,895 to learn more about the "Five Technical Indicators You Cannot Afford to Miss" and "Five Beginner mistakes". This sounds like raw-beginner stuff. There are many, many sites (including yours) that provide this information at little or no cost. If I paid that much money, I'd expect to be discussing advanced trading systems techniques, advance technical analysis, etc. There are a lot of hustlers out there. My wife and I went to down to the bar to meet up with you guys (missed you unfortunately) and ran into some people from another trading outfit. (No, not ABWatley, MBTrading, CyberCorp, Pristine or one of the other reputable companies.) I asked if they were the SI group. They said no and that I needed to talk to them anyway! They asked if I was a daytrader. I said yes. Fellow responds, "Well I trade 50,000 shares a day minimum; sometimes 300,000 to 400,000 shares. That's what a daytrader does. How many do you trade?" Needless to say, that frosted me. But, I responded that I was a short-term position trader (up to 30 minutes) and that I used a direct entry broker - CyberCorp, but was still learning the ropes. At that point, they told me that "Cyber-whatever" wasn't really a daytrading outfit. "We're a day-trading outfit! That fellow over there made a one million dollars last year." (Implying, "Did you do that, you wuss?") At that point, we walked off. My reaction? "What AH*s!". It really amazes me how people with a really high bozon-count can actually attract customers. OK, Flame Off! Regards, Dan.