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Re: Day Trading



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In a message dated 99-01-02 09:07:40 EST, stnahc@xxxxxxxxx writes:

> to make it simple, lets see some real stats:
>  
>  1. i remember sometime ago on this list someone asked about 
>     who actual been trading for a living ... was it 5 out of 
>     more than 1000 list members (i may be incorrect of the total
>     #s) ...
>  
>  2. in Toronto here, there is this technical analysis society,
>     most of its individual members' most asked question is, 
>     "Can I trade to make a living?" where no answer was ever seen.
>     But the society keep asking for their membership fee and organize
>     seminars, etc.
>  
>  from 1, we have "those who is interested in trading" of about 1000,
>  comparing to "those willing to response including possible fakes"
>  of about 5 => then the % is less than 1%

There may be another possible explanation.   The most successful traders may
not bother with these lists, and/or societies and therefore never see the
question.