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Non-Tech : CYBERTRADER -- Ignore unavailable to you. Want to Upgrade?

To: William W. Dwyer, Jr. who wrote (1606)	1/9/1999 8:13:00 AM
From: funk	Read Replies (1) \| Respond to of 3216

Dwyer, that was a very good post. It feels like you have traveled a good distance down the daytrading path now. I too had to go backwards my first year and a good chunk of my second year too. <ggggg> As long as you feel that you are learning form the burning, it can work out. I am in the black now, keeping in mind that I am only as good as my next trade, I think its going to be a great life. Also you mentioned the traders who went broke or quit, you left out the other ones. The dead ones. There are some of them too. Good luck in '99. When in doubt, bet small. funk

To: William W. Dwyer, Jr. who wrote (1606)	1/9/1999 10:19:00 AM
From: Mad Bomber	Read Replies (2) \| Respond to of 3216

[Thanks] I appreciate the honest answer. I have been moving further away from the idea each day as I have been getting more vibes of the high failure rate. I do, however, understand the difference between day trading and investing, but....obviously do not have trading experience until you actually try it. Since you infer that you are successful, what makes you the top 10% of all traders?? IQ, very large stake, inheritance (no pressure), nerves of steel?? I am not trying to be rude, but I get the impression that some traders have the attitude that "I am successful, but anyone who wants to try it will fail". I am just trying to make a good evaluation of a potentially rewarding career. I am leaning away from it, though, because I make so much money doing a job that I dislike, that if I gut it out another 5 years, I will retire at 33. But.....in case the gravy train stops, I want to have alternatives that are fun and challenging. Anyone else please jump in as well. MB