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Non-Tech : Meet Gene, a NASDAQ Market Maker -- Ignore unavailable to you. Want to Upgrade?

To: gene_the_mm who wrote (501)	8/7/2000 11:25:38 PM
From: Jim Bishop	Read Replies (2) \| Respond to of 1426

<IT IS ABOUT PERCENTAGES!> It sure is, 5% 10% whatever. Where else could you possibly make, even 5% on your money, 5 days a week, 250 or so days a year? 5% hell, .5% simplified, is 125% a year. People are always asking me, "how can you make any money flipping?" Simple, don't get greedy. I shoot for $500US a day average profit over the year. $500 x 250 trading days = $125,000 US, and since I'm up north it's approx $185,000 Canadian gross = about 4-5x the average Canadian family income. Then there are those that say things like "I can't afford anything over $1 or $2." HUH????? $1000 = 100,000 .01 stock = 10,000 .10 stock = 1000 $1 stock = 500 $2 stock = 100 $10 stock = the same freaking $1000.