Re: Day trading??
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the stuff on tv is crap.....the people that teach are the ones that can't trade,
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This isn't true, and I expect you wouldn't say the same about 2+2 and poker [img]/images/graemlins/smile.gif[/img]
Most of the infomercial stuff is at a basic level, but can help people quickly to acquire "some" of the knowledge they need to be successful.
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you can study everything in trading from gann to elliot wave to woodies cci and you still will lose if you don't have proper money management and the emotional stability to make quick decisions.
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This is true, I highly recommend books by Elder, Douglas and Van Tharp; as some of the first books for someone looking to learn how to think about trading.
As in poker, money management and psychology, play a key role in ability to handle variance.
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