Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: TFF who wrote (2179)	1/6/1998 9:49:00 PM
From: Richard Estes	Read Replies (1) \| Respond to of 12617

Do you have losses in your daytrades? The $392 a day will have to include those losses that has to be made up. come out flat for 4 days and you have to bring home 1.96 trade on the 5th day to keep pace and you didn't have a loss. Now step back and do a scan on all stocks from low to high in a year that moved >100%. It would have been easier to apply TA to determine entry/exit without the artifical sell at close timeframe. With proper timing, how many of the 100% plus stocks could you have identified? The position trader works at it less and since he has faith in his stock selection and his TA, he sleeps better than the one to wants $392 a day and afraid of what tommorow brings. I have never read of any verified return of a 100% a year on 100,000 for three years straight. It would take a superman to do it daytrading. You once responded to me that you invented the sell on close, I think you were joking. But, I would like to hear of anyone that trades his own money for 100% in daytrading a year, or better yet even someone that trades other people's money. When y'all have that confirmed lets hear how they did it.