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


To: RockyBalboa who wrote (7042)2/27/2000 1:32:00 PM
From: Dave O.  Read Replies (4) | Respond to of 18137
 
< All depends on myself whether I restrict my trading activities to a relatively small number of daily round turns >

Is the 50 trades per day cited truly the average of day traders? How representative was their random sample of the total population of traders? I don't know, but I do know one can make a living trading as little as a few times per day as I do. Of course it requires some discipline and not feeling you have to be in a trade every second of the day. To me it's a game of probabilities, and the more I trade, the lower I believe my achieving my net profit targets due to the increasing costs I incur.

Dave