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

To: Jon Tara who wrote (7206)	3/10/2000 10:20:00 PM
From: Dave O.	Read Replies (1) \| Respond to of 18137

Jon, < Boy, no housing expense sure changes the equation. No fair! :) > Makes life easier. And I see you live in CA where housing is very costly. So you went to WSU back in MI. I lived in the suburbs there from 1979 to 1999. < have you ever day-traded in a bear market? > Nope, but I treat each day as a new game. Each day can be bearish or bullish, or even a combination. I've traded all on the short side intra-day when the market is up say 2-3% and went long on days when we're down similarly. To me it's all about opportunity and exploiting such. Each and every day there is opportunity to make money. Some days, and the chosen positions (i.e. trades), just take more courage than others. Dave

To: Jon Tara who wrote (7206)	3/11/2000 9:56:00 AM
From: gaj	Respond to of 18137

day-trading in a bear market...how i'll do? i don't know. but one of the best things i ever did was reading books that are quite ancient - reprints of richard wyckoff's books, from the early part of the century, and under the pseudonym rollo tape... there were times it was a bull market, and times there was a bear market...and they were able to daytrade on the floor and survive. margins were higher then (ie. 10:1), but so were the shares they were investing... the syndicates of those days are the funds of today...etc.