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Re: obukid post# 9679

Tuesday, 08/04/2009 3:16:58 PM

Tuesday, August 04, 2009 3:16:58 PM

Post# of 79740
I was a day trader for a while. I was never very good at it, but I did learn a lot.

Now I swing trade or find things that have good potential and ride them till they do what they are going to do.

A good day trader (I have friends that still do that) has quite a bit of time on his hands. The real trick is waiting and doing nothing until the right situation presents itself.

Patience is what counts in daytrading, and knowing when to cut your losses. If you master those two things you stand a chance.

Steady_T