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There seem to be some silly statistics being bandied around (on other
forums) showing the success of day traders being as little as one tenth of
one percent (the of what is not alluded to!). While most of the
propounders of such figures seem to be position traders or vendors of such
systems or services, it would be useful to know of the reliability or
otherwise of such statements. Does anyone know if there are any creditable
figures, concerning day trading or indeed position trading of individuals -
not professional houses, which will always be a mixture. I imagine it is
probably impossible to garner any figures that mean much, but it would be
interesting to know if there are any, at all.
In hope rather than anticipation
Bill Eykyn
www.t-bondtrader.com
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