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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade -- Ignore unavailable to you. Want to Upgrade?

To: Ken Wolff who wrote (1662)	11/26/1998 8:17:00 AM
From: Doug Coughlan	Respond to of 2120

I am getting positive feedback from others on this free download from Microsoft. The next paragraph is from the Microsoft site and describes the benefits to be gained. The Dial-Up Networking 1.3 Performance & Security Upgrade (DUN 1.3) provides additional features for Windows 95 Dial-Up Networking that improve the performance, reliability and security of Windows based communications. These new features enhance both dial-up connections over standard telephone lines and virtual private network connections over IP networks such as the Internet. wugnet.com

To: Ken Wolff who wrote (1662)	11/26/1998 12:29:00 PM
From: JIM WALTON	Respond to of 2120

Ken, 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. What should one expect in avg. earnings (net commissions) on a weekly basis? 2. How much capital must you trade with? 3. How much $$ do you LOOSE learning the "rules" - as I've noticed most people learn the hard way. 4. What percentage of people fail? 5. What happens at tax-time? I envision a file-cabinet size tax return and writing the IRS a big fat check in April. 6. What's the best way to get started? Thanks!!!