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Hi All,
As I understand this report, it used a very small sampling of day traders
from one office in Mass. It samples only 17 individuals of which 6 where
making money. These kind of statistics are meaningless. I'm not
recommending day trading or saying you will make money, just pointing out
how limited this study is. It's main purpose seems to be to provide an
excuse for more regulation.
Good luck and good trading,
Ray Raffurty
----- Original Message -----
From: Ronald McEwan <rmac@xxxxxxxx>
To: <realtraders@xxxxxxxxxxxx>
Cc: <Realtraders@xxxxxxxxxxxxx>
Sent: Monday, August 09, 1999 6:35 PM
Subject: RT_GEN: Day Trading News
> goto www.nasaa.org and you can read the whole 46 page report. If you want
> to daytrade after you read this "good luck"
>
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