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Day trading has gotten a bad name. Remember the Day Trader from Florida who loss all his money and than went out and shot some people? The Government said that most people that Day Trade lose money. Well maybe that is true. But look at all the people who have money in the stock market that have loss a fortune on paper this year. What was World Com selling for just three years ago? $60.00 a share I believe. Almost everybody who has held stock long term has lost money.
At least with Day Trading you can get in and out of the market within a few minutes. That sure seems safer to me especially if they cut their losses to one percent on any trade and let their profits sore.
Of course there are a lot of abuses connected with Day Trading like anything else. There are a lot of people making money Day Trading. See other page on Day Trading
There are a lot of people making money selling Day Trading systems who actually are not currently making money as a Day Trader. Does that mean you should not be a Day Trader from your home? No I don't think so. There are a lot of good systems out there to help people make money Day Trading. How will you know if there is such a system? I think this is what you should look for:
Does the company selling the system have a 800 number or a way to contact them for help?
Do they have people in their office that actually does Day Trade?
How much experience do they have?
Do they have a guarantee on their system in case you want your money back?
Do they have on line training? This can be a big help.
Can they back up their results with charts and graphs with live trades or are they paper trades?
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