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I didn't mean to strike a sour note. As a potential trader I was struck by a
recent posting on this list by a broker who "confessed" that in his 18 years
he had only seen a "handfull" of traders who were profitable. That doesn't
even add up to 10% which is the advertised figure. Maybe some of us want
somebody to provide some proof as to their success although I know it is
certainly not required. After being to several "real time" S&P seminars and
seeing the "big boys" trade "frantically and haphazardly" and also
consistently lose on that particular day I'm naturally skeptical although
still fascinated by the possibility that day trading S&P's could be a
successfull venture. Somebody's winning in this zero sum game and I just
guess I am wondering if it is the little guy. Maybe the whole secret is in
money mangement or maybe the present market is just too volatile. Short term
stock trading seems a less risky and a possible viable alternative although
does require much more capital. Also stock trading doesn't get much ink on
this list. Again I am not trying be controversial but rather just searching
for the thruth. I certainly have nothing whatsoever to brag about and this
is not about put down. And then even the "Big Boys" don't post their real
track records so why should you? Pinhead Bill
-----Original Message-----
From: sptradr@xxxxxxxxx <sptradr@xxxxxxxxx>
To: William Heinz <wheinz@xxxxxxx>
Cc: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
Date: Saturday, October 24, 1998 11:06 PM
Subject: Re: Who makes money?
>Why? To satify your over-inflated sense of superiority?
>
>I got nothing to prove and certainly nothing to sell, so "BITE ME"
>
>-Tony Haas
>
>PS to Jeff: this kind of reply is typical from narrow-minded pinheads who
>are envious of the successful, and a major reason why more of us don't post
>on these lists. The hassle is not worth it.
>
>William Heinz wrote:
>>You should post just one of your "ATM" year end Brokerage reports to
prove
>>your big successes. I have yet to see anything but verbage and boosts
from
>>you so called successful traders. "Show me the money"!!!
>
>
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