Kristyne McDaniel wrote: > Lee, > > >> If you're going to play the market, make it your profession and be >> present on the stock exchange floor to do your trading. >> > > My first ex-husband, the one I married at 17, is currently a day trader > working from his house. He says he's making money at it, but not as much as > in real estate. The market is dead where he lives, though, so he turned to > shorting stocks to keep the bills paid. >
It seems like since the beginning of this year would have been a great time to sell stocks short, but then you have to know when to cover your bets. The market has been very volatile with big daily ups and downs, so I'm sure the day traders are making lots of money jumping into the market as soon a they have some sense of the market's direction for the day, and then basically driving the market in that direction as everyone jumps in. > There are people making money on trading, but I don't really see it as a > stable career path... Then again, who am I to talk? I have had plenty of ups > and downs over the last few years. > I think going long term with quality companies and a diverse portfolio is the way to go, unless you have a good broker and want to devote the time and take the risk to play the market. Regards, LelandJ > Kristyne McDaniel > http://www.kristynemcdaniel.com/blog > http://www.emryldadvantage.com/ > http://www.mcstyles.com/ > > Whether you think you can, or you think you can't.... you are right. > -- Henry Ford > > > [excessive quoting removed by server] _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
