Day trading is like the Ferraris, Bugattis, and Lamborghinis of cars: they’re exciting, fast, and sexy. Exciting because it provides relatively high returns by taking relatively high risks. They’re fast because trading positions are opened and closed all on the same day, many times in a matter of hours or minutes only. It also provides…
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.
The Candlestick Trading Bible: [3 in 1] The Ultimate Guide to Mastering Candlestick Techniques, Chart Analysis, and Trader Psychology for Market Success
Buy Now Conley, Delbert Click Buy Now for Updated Price. Estimated Price: $29.67 Click Buy Now for Updated Price. Estimated Price: 29.67 Buy Now %%item_customer_reviews%%
iPhone 12 Pro Max My Perfect Day Trading Stocks Day Trading Case
My Perfect Day Trading Stocks Day Trading. 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.Two-part protective case made from a premium scratch-resistant polycarbonate shell and…
Day Trading: Beginner’s Guide to Building Riches Through the Stock Market
Buy Now Carnegie, James Click Buy Now for Updated Price. Estimated Price: $12.99 Click Buy Now for Updated Price. Estimated Price: 12.99 Buy Now %%item_customer_reviews%% Originally posted 2022-05-10 20:03:05. Republished…
iPhone 11 Day Trading Stock Market – Bear And Bull Day Trader Case
Do you love the thrill and excitement of day trading place orders and trade currency, stocks or options?Makes a cool surprise for a day trader.Two-part protective case made from a premium scratch-resistant polycarbonate shell and shock absorbent TPU liner protects against dropsPrinted in the USAEasy installation
How to Day Trade Penny Stocks for Beginners: Find Out How You Can Trade For a Living Using Unique Trading Psychology, Expert Tools and Tactics, and Winning Strategies.
Are you interested in knowing what how to day trade penny stocks profitably?Day trading penny stocks is often misconceived to be too complex for beginners and also wrought with rumors and half-truths, but did you that you can understand the market and maximize profits with penny stock day trading even if you have zero trading…
Trading Bible for Beginners: This book includes: Forex, Futures, Swing, Day Trading Options, Options for Income, Dividend Investing(Stocks).
If you want to learn everything you need to know about trading, keep reading…Jumping into trading or the like isn’t for the faint of heart. There are methods, strategies, and sometimes tricks to doing it successfully.If you’re like most people, learning about every possible trading strategy may seem like a daunting process, but it doesn’t…
Candlestick Physique Stock Market Day Trader Investor T-Shirt
Are you a stock market trader? Professional or private? Do you love to analyse candlesticks and share prices? This is the perfect design for you!For family or friends which are into trading, stocks, ETF, CDF, CSD or any market assets for trading.Lightweight, Classic fit, Double-needle sleeve and bottom hem
DAY TRADING FOR A LIVING: HOW TO DAY TRADE FOR A LIVING. UNDERSTAND THE TRADING PSYCHOLOGY AND STOCK MARKET. BECOME AN INTELLIGENT INVESTOR AND BUILD YOUR PASSIVE INCOME EVEN IF YOU ARE A NEWBIE.
Buy Now MC.ALLEN, ANDREW Click Buy Now for Updated Price. Estimated Price: $14.49 Click Buy Now for Updated Price. Estimated Price: 14.49 Buy Now %%item_customer_reviews%% Originally posted 2021-10-08 16:02:36. Republished…
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…