The question was who is the best <b>day</b>trader. None of those guys making half a billion a year are strictly daytraders.
Nah, T. Boone Pickens comes in every morning and goes long 20 billion in oil and then closes at the end of the day. Next day, rinse, repeat etc. Duh, get some brains.
taowave - exactly. we know what we are talking about and we know what is possible. i would not waste your time with a post that did not have something on topic.
look ... do as google on a gentleman named Zanger ... yes he has lost millions too and yes he has kept overnights ... but gosh ... his past returns even so have been in the clouds ... maybe his present returns have come back to earth
Paul Rotter is one of the best active day traders out there doing about 250,000 roundturns on the bund futures. Czech dude about 32 years old. Last I heard of him he had 4 girlfriends in Europe. Well Done Son.
zangers the grestest strictly retail day trader ever. 11k to $42 million in 20 months in 1998-1999. is listed in traders monthly last month as making 25 mil in 2005. takes huge positions now and holds for weeks. go look him up on google has many articles in fortune and other mag's over the years. he's 52 and a former pool contractor
Agreed. Daytrading / scalping can be lots of fun but it won't be making you the big dollars. It is only a matter of time before you'll blow out, even that guy Rotter (and every time I hear his name I want to puke). M.