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

To: Dave O. who wrote (8312)	5/6/2000 11:17:00 AM
From: Leland Charon	Read Replies (1) \| Respond to of 18137

Dave, Maybe some of these 'sleazy' daytrading firms are finally running out of folks to 'churn' as we call it. Once everyone has lost all their money new tactics need to be implemented. Leland

To: Dave O. who wrote (8312)	5/6/2000 11:51:00 AM
From: TFF	Read Replies (1) \| Respond to of 18137

They aren't moving away from those tactics, they're adding new ones for the remote online masses. Obviously Cybercorp being bought out for 500 mil has put developing simplified direct order entry software as the number one priority of these firms. I don't imagine they'll stop pitching level 2 as the holy grail to "in house" wannabe traders though.

To: Dave O. who wrote (8312)	5/6/2000 12:48:00 PM
From: Cormac	Read Replies (1) \| Respond to of 18137

Dave - *the proliferation of technically competent people...an interesting statement...prompts some questions Has there really been such a proliferation or has the proportion stayed relatively the same...with the overall increase in traders, are the competent traders just more noticeable (have increased proportionately)...can you really say that there are fewer incompetent traders? Are you implying that there were not technically competent* people before? Who/what/when/how brought about the change/education? If true is this driven by the natural learning curve/evolution or is it driven by specific events? If newbies gravitated to scalping in the past and scalping is on the decline...what style are new traders more inclined to look to? Respectfully, Cormac