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Strategies & Market Trends : The Best Day Trader Training -- Ignore unavailable to you. Want to Upgrade?

To: dfloydr who wrote (113)	11/26/1998 12:00:00 PM
From: JIM WALTON	Respond to of 230

Is it really worth it? I have a well-paying full time job and am considering becoming a daytrader. I used to "week-trade" and made a few grand here and there but nothing to "live" off of. I like the appeal of being my own boss and being able to live wherever I want. So for all you die-hard daytraders, I have a few questions I hope you can honestly answer: 1. How much do you earn "net" on a weekly basis (in % terms)? 2. How much capital do you need? 3. How much $$ do you LOOSE learning the "rules" - as I've noticed most people learn the hard way. 4. What happens at tax-time? I envision a file-cabinet size tax return and writing the IRS a big fat check in April. 5. What's the best way to get started? Thanks!!!