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To: Richard Estes who wrote (2751)2/1/1998 9:26:00 PM
From: TFF  Read Replies (1) | Respond to of 12617
 
Richard: What's your point? Risk=Return? Agreed.



To: Richard Estes who wrote (2751)2/1/1998 9:32:00 PM
From: Street Walker  Read Replies (1) | Respond to of 12617
 
Success vs Failure

Depends upon several factors:(not in any particular order)

Trading Capital Preservation
Discipline to Trading Rules
Computer/Hardware/Software
Real Time Data
Execution Software/Level 2
Dedication/Time
****
among others.....

Failing at just one of these, increases your chances of failing altogether. Most people are not willing to pay the price to financial freedom through daytrading, others are.

Success is predicated upon obedience to the rules followed by other
successful traders.

We need more wanna be traders following successful traders. This
will increase the percentage of the blessed.
Good Luck in your style.
S.W.