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Will all who are daytrading any market and consistently winning please speak
up? It would be most interesting to see if there are any traders in this group
who are and are willing to say so. It would also be most interesting to know
some results like typical annual returns. This seems to be an age old debate
as to whether off-floor traders can make money daytrading. The markets seem
very different now and perhaps things have changed...Phil
HSpielb908@xxxxxxx wrote:
>
> Day trading S&P seems like a lucrative business;
> Gary Smith who himself has written systems and books on day trading the S&P
> has dared anybody to show him their brokers statements to prove that they can
> successfully day trade the S&P off the floor.
> Another very famous system vendor says he spoke to 450 S&P daytraders and
> none of them made money.
> Anyone new to trading should beware of the above and he or she will save
> themselves literally thousands of dollars!
> Position trading in trending markets is the way to go, unless you are a floor
> trader
> on one of the exchanges.
> Mark
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