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Still Some Life in the Trenches: Daytraders Sound Off

 

What can I say, other than that occasionally this column really strikes a chord with readers? Last week's topic, Return of the Daytraders?, was definitely a case in point. I'm grateful to have received well over 100 emails in response to my two questions: "How has the culture of daytrading changed since the crash?," and "How has the crash forced you to change your strategy?"

My special thanks go out to many of you who sent back some incredibly insightful and well-thought-out answers. I'm only sorry we can publish just a few. Those responses appear below.

Before I share these, though, a few general comments. The volume of email convinces me of two things. First, active traders are still very much a part of the market landscape. And many continue to succeed, though they have to work harder at it than ever. Second, there's a real desire on the part of active traders to share information and learn from it. For that reason, I hope that in the future, this column can serve in part as a sounding board for your views and concerns. ...

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