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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: vampire who wrote (71690)	5/26/2002 11:18:05 PM
From: lifeisgood	Respond to of 99280

I believe the 90% mark is really those newfangled day trader variety who quit their jobs as schoolteachers and photographers to play the market I've worked for several firms and I can tell you, believe it or not, most are successful That is probably true although I know many "professional" traders who would make more money if they had jobs as schoolteachers or photographers. I think there are a limited few day traders who actually make money honestly. I'm not referring to market makers who can make money in less than honest ways and in ways not available to the average investor (e.g., trade against their own clients, short on downticks, short IPO's on the first day, "walk" prices up and down to artificially manipulate the market on a stock). best... LIG