[stephenNUTS]

I would consider myself an authority on the daytrading business,as my firm had 20+ locations/branches around the country at one time,peaking a few years ago.The decline in # of DT'ers and/or BROKE day traders was PROOF in itself to the fact that VERY few INDIVDUALS (again I said INDIVIDUALS,not institutions or some big funds)make money over time DT'ing
We made a FORTUNE from their commissions alone,and the fact that I just recently retired comfortably,from just this speciality niche' in the market alone,substantiates 90% of my argument

You in no way,shape,or form understand the BUSINESS side of this,and have NO idea what you are talking about in this regard...so its a waste of time discussing this with you any further.

Based on your highly defensive stance with NO substance/proof to back up your side.. leads me to beleive you are one of the many caught up in this losing battle being a DT yourself that I encounterd throughout my carreer.
Ignorance on this subject,will be your worst enemy. YOU are the one caught up in fallacies....I laughed all the way to the bank at these degenerate gambling fools.They come and go...but the majority go BROKE!

As I said prove me wrong,with some valid data/stats,instead of just shootong your mouth off in an arena you are clueless about.
Your recent posts about the 90',80's...and now 70's mentality are getting pretty lame now as well

BTW..have you had ANY experience as a BD principle/owner in the daytrading field to even justify your ridiculous rants?

GL,
Stephen

*** once again these posts were intended to open the eyes/enlighten/help the forum to the downsides and pifalls of the daytrading world,from a 15+ year professional point of view!