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Non-Tech : Best & Worst Daytrading Broker? -- Ignore unavailable to you. Want to Upgrade?

To: Cash who wrote (55)5/4/1999 7:14:00 AM
From: Mike Devour  Read Replies (1) | Respond to of 126
 
Cash, or anyone:

I understand what day trading is -- literally in and out within the trading day, not carrying anything overnight (at least on purpose).

I've heard of position trading, but have never seen it defined.

Now you use the term swing trading, which I've never heard before.

Can you give your idea of definitions for these terms? I'm still trying to figure out what I am... <GRIN>

Thanks,

Mike



To: Cash who wrote (55)5/12/1999 1:20:00 PM
From: Michael Turner  Respond to of 126
 
Cash, The definition that I am going by does include less than "strict" day traders. For strict day traders, I agree with your number, and have heard it many times before.

If this were easy money, then why would anyone have a real job?

I hope that you are in the 10% that are successful.

Best of luck,

Michael Turner
Author
DayTrading into the Millennium
tradersresource.com


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