Is Bestdaytraders.com for real?

Discussion in 'Educational Resources' started by speedy, Jun 2, 2003.

  1. speedy

    speedy

    Any subscribers to this out there?
     
  2. Digs

    Digs

    I am not a subscriber...

    But reading about the daytrading chat log...

    They did on one day 25 trades, 70% winners, if you got the same fills.

    To do 25 trades you would need a heap of cash, and most of them had a intermarket relationship ( ie MSFT to ORCL, INTU etc)

    I looked at there swing trading info
    There Swing trading data does not say how much drawdown punishment you would need to suffer, and I am not sure that they trade all there swing trades themselves, but just give advice.

    You would need to do all trades with 100 shares to see if its the real deal ! IF YOU PICK and choose trades, then success could easily be 50% ...

    Lets wait for other comments...