DAYTRADER TREND

March 4, 1999
		Now that anyone can trade stocks on the Internet, a hefty batch of "day traders" are becoming a force to be reckoned with for seasoned traders. Ray Johns of Daytraders.com and Marc Beauchamp, of North American Securities Administrators Association, Inc., answer your questions.

What is a day trader? How many day traders are there? What does someone have to do to become a day trader? Should I become a day trader? Do day traders influence the market? Where can I learn more?     Feb. 4, 1999: The Internet Stocks index page. Daytraders.com North American Securities Administrators Association Browse the NewsHour's coverage of Cyberspace Browse the NewsHour's coverage of Business.	Habib Rahman of Bryan, TX asks: What books do you suggest to read to understand the method of doing "day trading" on the Internet? Ray Johns of Daytraders.com responds: As a matter of fact, we have a book list at our site on the Internet which outlines a number of excellent books, both on trading as well as investing. The list can be found by pointing your browser to the following Web page: http://www.daytraders.com/booklist.html Enjoy! Marc Beauchamp, of North American Securities Administrators Association, Inc., responds: Check with Amazon.com or look at Business Week's list of best-sellers. Be very skeptical of claims, implied or otherwise, that day trading is a short cut to Easy Street. It is not. It is a risky, stressful and demanding full-time job. Only a very few people prove to be good at it.