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To: TFF who wrote (1117)11/22/1997 9:56:00 PM
From: hpeace  Read Replies (1) | Respond to of 12617
 
irby, what is common about the two strategies and what I posted on was
the comment about "competence and cash and you succeed in day trading"... You will notice that comment started my posting...
I think 1-5% succeed in day trading
I think the reasons for failure are:
fear, greed, emotionalism either positive or negative about a stk,
a tendency to gamble is another reason people fail....
competence is a reason for failure but it's down the line from the emotional qualities needed.

So, I would think my post was directly related to day trading...
I think your questions were what drew things off track<ggg>