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

To: Apakhabar who wrote (11044)	12/19/2000 7:38:38 AM
From: booters	Respond to of 18137

Apakhabar, I enjoyed your post, and nominate it for inclusion in the thread summary. boots

To: Apakhabar who wrote (11044)	12/19/2000 9:12:56 AM
From: LPS5	Respond to of 18137

Unfortunately that's an option that can be very difficult for some people to take. Ap is absolutely right. Not only is it difficult to take, but it's impossible, for some people. Living in NYC or Chicago, I'll readily admit that people like myself are spoiled by the breadth of resources available due to our central location in the financial world. In the Big Square States, parts of the south, and even as nearby as upstate NY, one is virtually unable to partake of the type of experience which I heavily endorse. I'm glad Tony made an appearance on the thread, because I think his use of the word "daytrading" approximates the types of firm that make me cringe and are still all too available to new folks: the sit-down-and-shut-up, minimum daily trading volume, half-assed training class firms (often taught by a non- or failed trader) that see the new individual as a stream of income rather than a partner or, in another sense, an "investment" of their own. This is why I believe in starting professionally, first. You want to be in a situation wherein *your profitability is as important, and perhaps more* important, to the firm/fund/desk as it is to you. Whatever you decide, JB, be sure that wherever you go or through whatever firm you trade - to some extent, and the more the better! - that your interests are aligned with the interests of those who are collecting your money from day one**. I'd stress that if the proposition requires mental gymnastics or repeated justification, you're better off waiting and doing further investigation than jumping on the first or most immediate option available. LPS5