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.
Earn Huge Profits In Just Days Looking to get into day trading? Here’s the problem. You know that day trading is really profitable, but at the same time, you also have probably heard that people have lost a lot of money with it.What makes this problem even worse is that when you try to learn, people are teaching complicated…
If you are looking for a way to ditch your boring old 9-to-5 job but aren’t interested in something that simply replaces that with the drudgery of working online, then perhaps some type of day trading is more your speed. If this is the case, and you don’t have much experience in the markets, then…
Have you ever considered becoming a day trader?Are you familiar with the way day trading can help you make good earnings?Do you know where to begin?In this book, “How to Day Trade Options for a Living. Trading Strategies, Tactics, Patterns, & Psychology to Consistently Pull Passive Income from the Stock Market”, you will learn some…
Can you remember?… How much are you trade the stock?How much dividend has been received? and how about the commission cost?These problems will be disappeared, just you note, note and note.These are the reasons that you should keep the records of stock trading:- Check the accuracy of the report from your broker.- You will see…
Would you like the opportunity to make huge gains in a relatively short period of time? Are you in the market for a unique, full-time job that could provide you with financial freedom? Do you need assistance to come up with an effective, personalized trading plan? If you want to explore the various things you…
Cal Lighting offers gracefully designed decorative lamps and lighting to suit the needs of any home decor. Styles include decorative portable lamps and juvenile lamps as well as pedestal and wrought iron lamps.TRANSITIONAL STYLE:This 23.50″ Inch Four Light Mission Chandelier offers a mix of traditional and contemporary look to achieve the simple yet timeless look…
Oh Happy Day, Edwin Hawkins
Welcome to the world of Martin “Buzzy” Schwartz, Champion Trader-the man whose nerves of steel and killer instinct in the canyons of Wall Street earned him the well-deserved name “Pit Bull.” This is the true story of how Schwartz became the best of the best, of the people and places he discovered along the way…
All You’ll Ever Need to Trade from Home When most people hear the term “day trader,” they imagine the stock market floor packed with people yelling ‘Buy’ and ‘Sell’ – or someone who went for broke and ended up just that. These days, investing isn’t just for the brilliant or the desperate–it’s a smart and necessary…
Comprehensive coverage of the four major trading styles Evolution of a Trader explores the four trading styles that people use when learning to trade or invest in the stock market. Often, beginners enter the stock market by: Buying and holding onto a stock (value investing). That works well until the trend ends or a bear…
