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<p>[QUOTE=&quot;Cloudsweeper99, post: 1439139, member: 3011&quot;]Day trading isn&#039;t something that anybody should attempt if they are serious investors.&nbsp; It isn&#039;t investing, it is playing.&nbsp; And the day traders now run up against the black boxes operated by GS and the likes, and no matter how fast you can think or hit the trade button, you will tend to lose.&nbsp; Even Jesse Livermore was against day trading.</p><p><br /></p><p>Most mutual funds seem to be marketing vehicles and closet index funds.&nbsp; There are a few great fund managers around, but not many.</p><p><br /></p><p>I agree that the individual investor&#039;s greatest edge is time.&nbsp; Most professionals can&#039;t afford several bad quarters in a row from holding shares of companies that will do spectacularly well over a longer time period.[/QUOTE]</p><p><br /></p>

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