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

To: Dr. Stoxx who wrote (199)	1/18/1999 3:06:00 PM
From: stokaholic	Read Replies (1) \| Respond to of 611

Great thread. I'd love to quit my job and daytrade/position trade, but just don't have the capital. I have turned $10k into $25k since September, while staying away from the Internet stocks (for the most part), so my early thinking is that this is something I might be good at. Hedge Fund/Investment Club?: Anyway---question for the group---has anyone attempted to make a living out of this by raising funds from friends/relatives and then managing that money in a daytrading/position trading kind of way. In this scenario, you would make all the gains on your own capital, while retaining some portion, say 20% of the profits of those whose money you are investing? If yes, how has it worked out? Thanks Allan