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So You’d Like To DayTrade(Or Not)

During the heady .com days prior to 2001, (when Bush became president,) there were stocks, 3 or 4 times a week that went up from 30 to 200% a day. It was possible, if you knew what you were doing, to check before the market opened to see which stocks were running in real time and why. And, if you then had a fast electronic brokerage system you could dive into the market, buy a bunch and sell them the same day. About 1% of people doing this consistently made money. I saw one private individual make a million in one day shorting Corel. And then there was somebody who lost a bunch hanging on too long to the WWWF IPO.

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Personal Finance & Financial + Banking Global Articles WebSite.WS | GVMG - Global Viral Marketing Group
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