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I also have a few friends who do well day trading (which is usually done by mostly or only technical analysis). They have done well for themselves as they actually treat it like a job. Constantly trying to educate themselves, being at their computers paying attention to the market for the entire trading day.

Most folks who feel the allure of day trading don't realize that to make it work it has to be your full time job. You can't just make some trades, go off and do something else, and expect to make any money.




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