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Strategies & Market Trends : Are you considering quitting your dayjob to daytrade?! -- Ignore unavailable to you. Want to Upgrade?


To: SpongeBrain who wrote (23)1/17/1999 10:37:00 AM
From: jttmab  Read Replies (3) | Respond to of 611
 
Cut and paste the text...

Interesting reading this week in Forbes. While much of the focus was the net stocks. Read it as a hint in day trading. Pay particular attention to the discussion later in the article on LBOR for one insight into what can go wrong.

forbes.com

The discussion here and most other places are nearly always focused on can you make enough money in full time trading? Not diminishing that point in any way, also consider whether you can sit in front of a couple of screens all day long looking at streaming quotes, news feeds, volume indicators day in day out for years. It might be exhilirating or it could become drudgery. Your own personality is important.

Regards,
Jim

P.S. I mentioned to pay attention to the discussion on LBOR. I was on the wrong side of the trade. It was quite ugly.



To: SpongeBrain who wrote (23)1/17/1999 11:16:00 AM
From: gonzongo  Read Replies (2) | Respond to of 611
 
"I was cleaning my files and was review my monthly fund statements.
I was DESTROYED in the month of August.

That month wiped away 90%$ of the years gains, UNREAL!"

don't forget there are months like these out there.