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Is there a home for such short term traders at the FOOL?

Probably you could find one, or start your own board here somewhere.

Studies seem to show that the more frequently people trade their accounts, the more money their brokers make, but the less money they themselves make.

A well known investor, Mr. Warren Buffett, seems to think that if a stock is not worth owning for 10 years, it is not worth owning for 10 minutes.

Unfortunately, far too many of the ups and downs of the analysts whose reactions drive the markets are purely based on emotion or hearsay. Sometimes, I believe software applications could better serve the economy by monitoring all key indicators and company accounting input to derive true worth and then send the anachronism of the wall street and other analyst home as they more often artificially drive stocks into tailspins based upon sound and fury signifying nothing. In fact, even at the level of the individual trader I believe that a real time software program that monitors the economy, the sectors, and the company data to effect instant trades based upon swings could do a better job than most analysts.

The question I see implied here is "does monitoring all key indicators and company accounting input to derive true worth contain enough leading information (i.e., in time to use it) to actually make more money than doing fundamental analysis of the companies and investing in those that can be purchased with a sufficient margin of safety?" Because the data going into the hypothetical computer program is all trailing information by the time you get it to feed into the program. I.e., those better equipped to get these data than we are will have already acted on it.
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