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The Guts and Glory of Day Trading: True stories of day traders who made (or lost) $1,000,000 by Mark Ingebretsen

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Chapter Six – On-the-Edge Trading – Barbara Hamilton: Momentum Trader

“Today was an incredible day,“ Barbara Hamilton (a pseudonym) tells me over the phone. “I am extremely happy even as I speak.” Hamilton recounts how she’d taken a break from trading and gone to the bank between 3 and 4 o’clock on a February afternoon, braving Boston’s blustery winter winds. It was just before the market closed on one of those wild uptrending days that marked the frenetic height of the year 2000 Internet bubble. When she returned and called up her account balance on Quicken.com, she discovered her net worth had risen by $10,000 – in the space of less than one hour. The spike up was mainly thanks to two highly speculative and – at that point in history – expensive ...

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