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To: StaggerLee who wrote (5225)12/29/1997 10:20:00 PM
From: Mama Bear  Read Replies (2) | Respond to of 27307
 
>>>Fact is, virtually ALL frequent traders underperform the market by a wide margin<<<

Come on, it wouldn't have been hard to have sold at 50. It did go to 71 after all. And then have seen that the momentum had broken and shorted at 50ish. That would have been 3 trades in 2 years. That's what you call daytrading/frequent trading? That's what I call position trading.

I think your above statement is not correct by the way. I know I substatially outperformed the market this month in both my trading and my position account (this year in my position account--thanks Manny). I know, I know, keep it up. I think I can.

Barb!