I think we all have, at some point, read an article or biography on the best traders in the history of the markets and just stood back in awe of these people. So many names who have made great story's; Buffet (ok.. "investor"), Williams, Darvas, Lynch, Livermore, Cohen. But when I remember back to all those famous traders I have read about, how come I can't remember any of them being day traders? I suppose you would also have to take into consideration the fact that modern 'daytrading' in the sense of the word has only risen in the last 15 years or so, but still. But are there any famous day traders? One's who could stand up to the likes of the titans? I'm only posting this because 95% of the people I come across, even on a great forum such as ET, are interested in day trading. Now, I don't want to judge or point fingers, but does this figure also not seem like the percentage of people (or close to it) of those who will fail at this game? I am making this thread to discuss what some of these great traders would have in common with each other; some common denominating fundamental set of rules or character traits that allowed them to achieve in the markets what so few of us can. Thoughts?