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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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