To settle an arguement-Can anyone out there give me an example (name could remain confidential)of a 'successful' trader ie anyone who has made his/her fortune out of tradeing the stocks on a regular basis. I have been told that this is a VERY rare breed only to be found in fiction novels!
I'm in the running, but a wee while to go yet !!
Thanks-Jim

Hi everyone, it is good to hear different views. Day trading is easy with covered warrants if you want to try buying both calls and puts, comdirect is offering 1.00 per trade until the 30th of June. BUT please read a good book on OPTIONS before diving in Covered warrants, because they are both cousins. I do both daytrading and long term trading, dont want to but the market forces me to do both.
It is bloody uncertain and to figure out what will happen next is impossible. I buy both call and put at the sametime, sell my winning position and average my losing position until I come out of loss and you know what, it works. At least working for me for the last 6 months.