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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: HairBall who wrote (38273)3/11/1999 7:23:00 PM
From: bobby beara  Read Replies (1) | Respond to of 94695
 
>>>"I've met a lot of MBA people, and they really don't know shit about how the market works compared with a good day trader," he says. "The mutual funds managers, I really don't have any respect for them. They're completely out of touch with the way the market works now." <<<

AHEM!

I also agree the odds are against 90% of traders (learned from personal experience -g-)

I also think that if he has been full time for only a year, he has yet to have his clock cleaned really good -g-



To: HairBall who wrote (38273)3/11/1999 7:28:00 PM
From: Terry Whitman  Read Replies (1) | Respond to of 94695
 
LG, Member 316627

The stats I have seen are that 90% are gone within the 1st yr, and 95% by the third- So he's got a 50/50 chance now. He'll probably make it with that KEEN analytical sense though- and the humility helps <g>