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Strategies & Market Trends : Level II Trading -- Ignore unavailable to you. Want to Upgrade?


To: ExCane who wrote (306)3/1/1998 11:34:00 PM
From: Darren  Read Replies (3) | Respond to of 1086
 
Look.

I don't mean to insult either you or MMaker, but this is old news. I've been trading for five years, and day trading for three months. I used to make about 80%-100% per year on my money. Since daytrading, I've made 30%, and let's face it, I'm not quite the best scalper in the world, so I'm inclined to get better.

I've seen people make $20,000 a day. It's not magic, voodoo, or quick buck atristry. It's a job. Some days, I make big bucks at my job, some days, I make nothing or even lose money, but I enjoy it more than taking a two hour commute to a veal fattening pen and making some dunderhead manager look good for some bogus company mission statement.

And spare me the total bullshit about brokers. I spent three plus years at KKR. I watched. I listened. I learned. And the first thing I learned was that if Merrill Lynch is giving a stock a "buy" rating then short the f$cker fast! Are you telling me that the valuable opinion of a Merrill broker is worth $220 per ticket? Yawn.