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To: TFF who wrote (1187)11/26/1997 7:34:00 PM
From: Ramsey Su  Read Replies (2) | Respond to of 12617
 
irby,

there had been discussion here that only 5-10% of those who tried succeed as a day trader. What do you consider "successful"? $10,000 per month, $20,000? More?

If you are a "successful" daytrader, is it true that, in theory, you can day trade any stock and make money? In other words, if you are restricted to trade only the most ten active stocks of the day, would you make money in the long run?

Finally, if I line up 10 "successful" daytraders and restrict them to trading just 10 stocks, wouldn't all their decisions during the day be similar?

Sorry for all the questions, appreciate your comments.

Ramsey



To: TFF who wrote (1187)11/26/1997 7:59:00 PM
From: Darth Trader  Respond to of 12617
 
Anybody know what Jeff Cooper's software is like, (works under Supercharts)?

Here is a good site for intraday charts:

iqc.com



To: TFF who wrote (1187)11/26/1997 11:46:00 PM
From: Greg Butcher  Read Replies (2) | Respond to of 12617
 
Im sorry was my question on post #1186 so ridicules that it did not deserve an answer, I would think for some of us who do not know the answer it would be very helpful.

Thanks
Greg