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

To: LemonFlavor who wrote (11907)	2/17/2001 8:57:53 PM
From: David N. Jones	Read Replies (1) \| Respond to of 18137

"A question: if "dumb money" was in the minority could most traders who are successful now still make a living?" Yes...I don't believe it is a zero-sum game. "No doubt you were as shocked as me at the guy who killed his colleges in the daytrading room. Sure that is the extreme but behind some of those "bad fills" and trading losses there is a tragic consequence and I draw no comfort in that." The example was used as an "extreme". I am a very firm believer in taking responsibility for ones own actions. I just happen to hold the opinion that success and humility can operate in tandem.