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In a message dated 10/4/99 6:03:32 PM Eastern Daylight Time,
t-bondtrader@xxxxxxxxxxxxx writes:
<< However, the plus point about day trading is that you sleep nights. No
home
work, no worry, no extended lines of credit, no margin calls, no Elliott or
Gann or forward guessing the market. It is just trading what you see in
front of you, when the market opens. You don't need a complicated sytem or
program and back testing or any of the sophisticated (so called) tools, or
anyone elses opinion or advice on the market. You can do it all yourself,
for yourself and, what is more, live to tell the tale.... It may not be
easy, but when it comes to earning a living, what is? >>
good morning
even seasoned traders LOSE the war in day trading
it takes a GRATER toll on your emotions stress is greater
and if you do not make your 1.5 million in2=3 years
YOU WILL BURN OUT
(both mentally and financially)
i do not care how good your m/m is. the POWER to acually pick up the
phone and close position at a loss IS the real test of mony mgt
I even tried a combo of 50/50 (50 day trade and 50% of capital position
trade)
results even more stress,, which resulted to LARGER losses
if ANYONE on this list can fax me copies of their statments with 1 year
of CONSISTANT day trading proffits.
and i mean 8 out of 12 month, and made at least 100% increase on their
original capital , I will mach and GIFT them 100% of their original
capital and take my hat off and bow,,
happy trading
Ben
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