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Strategies & Market Trends : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?

To: Robert Graham who wrote (3190)	6/9/1998 10:07:00 AM
From: Brentsky	Read Replies (2) \| Respond to of 4969

Robert, Actually if you read my post more carefully, I was asking Steve what he based his information on? How about you? Do you have some better information than your own intuition? For example, do you work for MB or Cyber or some other firm and have actual data which shows who is succeeding and who isn't? By the way, what is you definition of success? One lady reports her success is $200 a day. For you that might be failure. I don't know? Yes, I understand the risks of daytrading. How many people do you think fail in new starting new businesses? I just though that someone (Steve G.) who is selling alternatives to individual daytrading might have a conflict of interest when he says "daytrading? Personally I think it's fool's gold". That was all there was to my point. Brent

To: Robert Graham who wrote (3190)	6/9/1998 2:24:00 PM
From: Darren	Read Replies (2) \| Respond to of 4969

Evidently you are not a successful yet day trader otherwise you would not be posting saying your feeling* that 1 in 30 odds are too pessimistic.* Actually, I would say about 1 in 3 make in, not 1 in 30. This was told to me by an owner of a Block office...I think you are being a bit harsh on Brentsky, who is just trying to learn the field. No need to be an arrogant SOB... And don't ever discount the need for a quality execution system -- "Execution is the chariot of genius." Frankly, I tend to think that the younger zealot traders are much better than the old timers when using computer execution systems...and I think their trading accounts would back me up...