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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade -- Ignore unavailable to you. Want to Upgrade?

To: Ken Wolff who wrote (128)	1/8/1998 7:57:00 PM
From: TFF	Read Replies (1) \| Respond to of 2120

Ken: you must be kidding "an average trader makes 6 figures on 50,000"? come on. Maybe a VERY successful trader. The average trader breaks even or loses his shirt. P.S. If you are referring to yourself exclusively please disregard this message.

To: Ken Wolff who wrote (128)	1/8/1998 8:11:00 PM
From: Eric P	Respond to of 2120

Ken: < I would expect a 6 figure income if I were trading $50K >. ==> I strongly agree with Irby. Average traders lose money, PERIOD. Good Luck and don't be average..., -Eric

To: Ken Wolff who wrote (128)	1/8/1998 8:41:00 PM
From: Rashid Garuba	Read Replies (2) \| Respond to of 2120

Thanks for the reply. It is quite difficult for people to comprehend how a good company's stock can be dragged down by the market. They keep saying "it's an excellent company", "they just released blowout earnings". Yet the stock is dropping. I say "it's all in the price action". I don't care what the CEO, analysts, CNBC...etc say. When the stock is moving in my favor, then I beleive what I hear. Rashid