Category: Day Trading

Day trading is the purchase and sale of a security within a day. This means that investors purchase securities and sell them within a single trading day. Why do they do this? Simple, to earn profits. Day trading requires a degree of expertise and knowledge of the market and industry, most day traders are well educated, know the intricacies of the market they trade in and are well funded. Day trading is prevalent mostly in the foreign exchange (FOREX) and stock markets because these markets in particular are well suited for day trading.

Basically day traders use their knowledge and experience to speculate the rise or fall in the value of securities they trade in, based on this judgment they take buying and selling decisions to make profits on small price movements. For example if the day traders know that a major car review magazine is going to publish a positive review on Tesla, then the day traders will speculate that this review will result in a rise in the stock price because more investors will want to invest in Tesla because of positive review, thus the day traders will buy the shares before the interview is published and sell the securities once the share prices spike.

Day traders know the intricacies of the market and thus scheduled news and announcements such as economic statistics, policy reveals, press briefings, earning reports etc which result in spikes in market are watched closely by the day traders because these spikes have the potential of giving them profits.

It’s easy to get caught up by the idea that you can make quick profits in the stock market, but day trading makes virtually no one rich. Research suggests that 99% of day traders fail to consistently make money and the vast majority lose money.

If you’re still interested in day trading, it’s important to follow some rules so you don’t get in over your head.

Here are some books on how to approach day trading.

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Funny Trader Trading Stock Market financial gift My Perfect Day Trading Cryptos Cryptocurrency Throw Pillow, 16×16, Multicolor

Funny Trader Trading Stock Market financial gift My Perfect Day Trading Cryptos Cryptocurrency Throw Pillow, 16×16, Multicolor

My Perfect Day Trading Cryptos Cryptocurrency. Perfect gift for forex trader, crypto trader, day trader or stock market investor.Great for everyone who loves finance and stocks. If you are trading and investing your money all the time, this design will be perfect for you.100% spun-polyester fabricDouble-sided printFilled with 100% polyester and sewn closedIndividually cut and…

The Last Flight: A Novel

The Last Flight: A Novel

 Buy Now   Clark, Julie Click Buy Now for Updated Price. Estimated Price: $19.28 Click Buy Now for Updated Price. Estimated Price: 19.28 Buy Now %%item_customer_reviews%% Originally posted 2020-08-13 18:06:04. Republished…

My Stock Trading Notebook: Day Trading Journal Logbook For Stocks, Bonds, Options, And Futures – Record Your Positions, Strategies, and Goals In One Small Notebook

My Stock Trading Notebook: Day Trading Journal Logbook For Stocks, Bonds, Options, And Futures – Record Your Positions, Strategies, and Goals In One Small Notebook

Great Log Book For All Kinds of TradersHave you ever wonder when and why you open a certain trade? This small but powerful positions journal will help you keep track all of your open trades, profitable or losing positions, so you can laser focus on your systems and strategies for maximum returns. Add To Cart…

Lucky Dog Lessons: Train Your Dog in 7 Days

Lucky Dog Lessons: Train Your Dog in 7 Days

The celebrity dog trainer and Emmy-winning star of the CBS show Lucky Dog shares his training system to transform any dog—from spoiled purebred puppy to shelter-shocked rescue—into a model companion in just seven days.Each week on Lucky Dog, Brandon McMillan rescues an untrained, unwanted, “unadoptable” shelter dog. In the days that follow, these dogs undergo…

Lucking Trading Shirt Funny Stock Market Traders Gift

Lucking Trading Shirt Funny Stock Market Traders Gift

No matter what your favorite market is or what strategy you trade, this funny traders shirt tells the world in no uncertain terms that you’re into trading. Great birthday or Christmas gift idea for traders and investors!This trading shirt is a must for money managers, day traders, commodities traders, bears, bulls, forex traders and anyone…