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Hello fellow RT's,
I'm a MasterSuite trader, have been paper-daytrading several systems for a
while now. I just went live last week and did $3750 in the S&P. There's no
reason we can't make money day-trading from home! I just don't have much of
a track record yet.
Steve Schnake
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> From: 5150@xxxxxxxxxxxxxxx
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Subject: Re: Day Trading
> Date: Monday, July 14, 1997 2:11 AM
>
> 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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