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Pastimes : Daytrading and Stock Trading Addiction -- Ignore unavailable to you. Want to Upgrade?

To: Sword who wrote (279)	2/1/1999 7:46:00 PM
From: Theo Karantsalis	Read Replies (2) \| Respond to of 330

Now, isn't it ironic that the online trading issues rocketed today? They should make it mandatory for each investor (or trader) to read Security Analysis before they open an account. I know too many people who have lost their ass day trading. Alluring? Yes. Dangerous? Yes. One fellow in California lost his lucrative gas station because he devised a can't lose plan. Well, he lost. I felt bad last month when I got the urge and day traded FUTR. I bought five-figures at 12 1/2 (the high), and watched it plummet to 8 1/2- on the same day! Expensive lesson, especially for a sure thing! For those of you who have lost, you know the feeling. You feel it in your gut, then you think about how you could have better spent the money. So, now I just stick with MO and HD.

To: Sword who wrote (279)	2/1/1999 7:56:00 PM
From: Sword	Read Replies (1) \| Respond to of 330

Mktbuzz: I refused an interview with Dow Jones and haven't divulged any of the PM's sent to me and won't in the future. You aren't the only one who has experienced losing their shirts with short term trading. Others who have contacted me have as well. There is a lot of pain and suffering out there in folks who have made bad choices and are addicted to stock market gambling. I admire you for telling your story. Hopefully some good can come out of this, especially by others who would otherwise have fallen into the same trap. -Sword