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We're back to this silly argument of which is better... position trading or
day trading. The answer is which is better for you, your personality, your
trading style, your risk tolerance, and your expendable capital. There is
no right or wrong, gentlemen. Only the right or wrong way for you. Stop
trying to shove your needs and preferences on someone else.
Like Bill said, it's a matter of learning. Learn to do well the method that
suits you. Now let's get back to learning. You guys have already taught me
lots.
Linda
Swope's Mountain Photography
http://www.swopephoto.com
linda@xxxxxxxxxxxxxx
Climb the mountains & get their glad tidings: Peace will flow into you as
sunshine into flower; the winds will blow their freshness into you & storms
their energy, & cares will drop off you like autumn leaves. John Muir 1838 -
1914
-----Original Message-----
From: Tom Alexander <gta3@xxxxxxxxxxxxx>
To: Proffittak@xxxxxxx <Proffittak@xxxxxxx>; t-bondtrader@xxxxxxxxxxxxx
<t-bondtrader@xxxxxxxxxxxxx>
Cc: realtraders@xxxxxxxxxxxx <realtraders@xxxxxxxxxxxx>
Date: Tuesday, October 05, 1999 10:09 AM
Subject: Re: GEN: Stop me before I day Trade again!
>Well Mr. Elkyn?
>
>----------
>>
>> 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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