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

To: dennisp who wrote (2805)2/3/1998 9:18:00 AM
From: Steve G.  Read Replies (2) | Respond to of 12617
 
Regarding Daytrading

I think most people want to make more money than a Harvard MBA without spending the time it takes to get a GED. This may have been possible at the start of "soes" trading, but now the easy money is gone. It has been my impression that most people starting to daytrade have done little homework before hand, only to insure their failure. The more I read and study others, the more I find out I don't know!!

Sincerly,
Steve



To: dennisp who wrote (2805)2/3/1998 10:08:00 AM
From: dpl  Read Replies (1) | Respond to of 12617
 
I knew two geniuses with very high I.Q.'s(so they claimed).
They both lost all their money trading.The problem was that they were not used to being wrong about anything.Even in grade school they probably were right and their teachers wrong.
A trader who cannot admit to himself when he is wrong is going to lose his money.

David


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