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

To: LPS5 who wrote (7233)	3/11/2000 10:52:00 AM
From: Don Lachot	Read Replies (1) \| Respond to of 18137

I can assure you that the skill it took me to turn 5K into half a million (and more just wait) was not "fallen into, ass-backward". I lost my first 30K, saved up and traded 5K at a time losing it all. That's the learning curve in the market, which makes sense to me. What other business, job, profession, doesn't have a learning curve? To be a Doctor requires about 10 or so years and then you just get to start out at 100K or so. To make it as a lawyer about the same road and then many just take jobs as court provided lawyers at 45K. Careers are supposed to be tough. There's supposed to be blood spilled before anyone succeeds. I'm tired of reading in the papers about how the SEC is concerned the paper boys of the world like me, are losing their tiny savings by "gambling" in the market. I made it. I'm retired at 40, 5 years ago I was throwing newspapers. All I do now is daytrade and I have just about enough capital to just buy funds and totally retire (give me a year). Anyway, SEC has it all wrong. The market is opportunity for those willing to bleed until they learn, then get rich and retire. It's America baby. I love it.