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Strategies & Market Trends : Complacency Indexes -- Ignore unavailable to you. Want to Upgrade?

To: Susan G who wrote (803)	3/24/2002 12:48:45 PM
From: TechTrader42	Respond to of 1487

You've probably seen the stories on success rates for day-traders at day-trading firms. A lot of the threads seem to be support/enabling groups for addicted traders/gamblers. 'I made 40 trades today and saved a ton on commissions with my new brokerage!!' 'That's great!! 40 trades!!! Great work!!! Congratulations!!! Nice job!!! You're a great trader!!!' Yes, follow your heart, follow your bliss. But it takes some searching to know which paths really take you where you want to go. Some paths don't lead anywhere. If after several years of full-time day-trading, you can look back with a great sense of fulfillment and accomplishment in your life, then you've taken the right path. It might not come down to whether the pursuit has been profitable. Even those who've overcome the odds and learned to profit from day-trading might question whether the investment in time was worth it, given the nature of the pursuit. Money may well be the reward for fulfilling one's dreams; whether it should be an end in itself is another question entirely. Many disciplined trading systems can be followed with successs while pursuing other careers or goals.