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> <<This is merely a guideline, and it is *of course* dependent on the size of one's
> portfolio.>>
So it's easier to make that 10% on $1,000 than $100,000 - or is it the other way
around <g>?
> <<Besides, I wasn't specifically referring to my personal experiences, but
> instead that of successful traders generally. The bottom line is that the
> potential for returns are MUCH greater through short term trading than through
> investing, a fact that anyone who has had any degree of success in this timeframe
> will attest to.>>
There are great traders - and great investors. So who's done better - George Soros or
Warren Buffett - and does the answer to that question have any significance for the
average trader/investor?
> << Day traders, who restrict themselves to very small losses, can liquidate their
> positions instantly, and tend to avoid bucking trends, are pretty much immune from
> any of this.>>
It doesn't take all that many small losses to amount to a big loss. And how can a day
trader possibly be talking about "bucking trends"? A trend isn't something that lasts
for a few minutes - or a few hours. Robyn
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