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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: Ed Forrest who wrote (36665)	5/26/2000 7:49:00 PM
From: bambs	Read Replies (3) \| Respond to of 77400

Ed this is the last time I will discuss daytrading on this thread. You can't scalp in and out with 1000's of shares. You can't trade minute to minute with big positions. The traders I trade with build large swing trade positions and scalp with the margin. You can make so much more then buy and holders if you know how to swing trade properly. Shorting after earnings, buying for the run up into earnings. Playing splits, mergers the list goes on. Just admit you couldn't hack it so you quit. You realized that you couldn't trade well enough so you gave up trying to understand how the market moves and decided to buy and hold. I said $1000 a day is easy for experienced traders. Many make much much much more. I would bet that the top traders in my office..(which I admit am not one of) Make more on their good days then you do in a year. The office record is around $780,000 in one day. Positions entered in the morning and closed in the afternoon. Just because you can't do something doesn't mean others don't succeed where you failed. Loser! Bambs