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Alias Born 08/26/2002

Re: Ballistic post# 29536

Friday, 09/27/2002 1:27:36 AM

Friday, September 27, 2002 1:27:36 AM

Post# of 704047
Well sure you can swing trade an hold a day job. If you pick the right stocks, (not Zeev's rocket fuel ones) and use market orders and GTC and close tight stops. None of this 10% garbage for a stop. When you first started out you wouldn't have much, so it would be fairly easy to manage it. And it would be about 10 years before you got it up to $250,000. You have to figure if you had been successfully doing it for 10 years, you're probably pretty groved in on it by then and have figured out how to keep the risk low, and the loses (you're not suppose to have those) miniscule. How to divide it up between different stocks and keep the expenses and risk low.

And did you catch the best part? After 20 years how much would you be making a month? How much is that a year? And you would be cash flowing it for that, without touching the million. <g>

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