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praetorian said: "I disagree about the time frame comment. The shorter your timeframe is, the better your odds of success are. There is a sweet spot so to speak. I can't predict the next tick. No one can. I can't predict where it will be 30 or 90 seconds from now. As time goes out, I can say...

"I would like for there to be a study where they track people who are starting out and follow ONLY those that have the minimums I outlined above. Lets then see how they do. I would bet that at a minimum they would not blow out. " Well, there have been studies done about daytraders and...

snipertrader said: "Sounds to me like you should be a fund manager. Why are you wasting your time with a newsletter? Do you really think the average person on this board can follow and manage 30 positions? Do you think they have the capital to do so? " Actually I am going to open up a...

Hitman said "I personally find day trading a lot less stressful than swing trading, because I like instant feedback from the market." That is how I used to think. I had to know immediately if a trade I bought would give me a profit or not. So I would buy stocks and sell them the next day to...

Babak - Thanks for your response. I wasn't trying to suggest that all daytraders lose money. But that for the average person daytrading is a losing strategy. Actually any hands on strategy that involves anything more than buying mutual funds is a losing strategy for the average person...

I just found elitetrader and have looked through it the past few days. Really like it. I like silicon investor(post there as tradermike1999), but here the focus is really on trading and not trying to hype up stocks and personality conflicts. There are some real ego maniacs on there...

My trading strategy is to trade breakouts and short braekdowns. I can't get myself to buy off support - lol. I like stocks that are trending up. Trick now though is to only buy stocks that are in hot sectors. That means ignoring the Nasdaq tech bubbles and buying things that are not so so...