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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 Two – How to Grow $20,000 into $1,000,000 in One ‘Horrible’ Year – Teresa Lo: The Intelligent Speculator

After all the wildness and chaos of 1996, Teresa Lo now strictly limits herself to day trading. Which was not a bad decision at all, the way she sees it. Because she “goes flat” each night – that is, she closes out all of her positions and reverts to cash – Lo says she’s a lot more relaxed these days. And she has more time to spend with her husband and daughter, and on hobbies such as gourmet cooking. On weekends she and her family will treat themselves to a dim sum brunch. And it’s then that she’s able to forget about the market entirely.

In fact, by any accounts Lo would be considered an excellent day trader, even though she’s ...

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