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In a message dated 7/17/99 10:56:36 AM Pacific Daylight Time,
tradejacker@xxxxxxxxx writes:
> i know for a fact that less than 1/10 of 1% of futures traders at
> my clearing firm have gains on the 1099's that are sent out last year.
> so if you want to become a day trader, the odds are stacked against
> you.
I agree with most all of what you say, and most traders do lose, but only one
in a thousand make money? The data I'm aware of is not that bad, and I've
looked at stacks of 1099's myself. If you are correct then the odds are
stacked against all futures traders. Will that one guy on the list making
money please drop me a line.
BW
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