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.
Buy Now Bradford, William K. Click Buy Now for Updated Price. Estimated Price: $9.59 Click Buy Now for Updated Price. Estimated Price: 9.59 Buy Now %%item_customer_reviews%% Originally posted 2022-03-19 17:03:01….
Buy Now Graham Warren, Dave Click Buy Now for Updated Price. Estimated Price: $31.56 Click Buy Now for Updated Price. Estimated Price: 31.56 Buy Now %%item_customer_reviews%% Originally posted 2021-03-28 21:00:18….
Buy Now Publishing, Skullpilot Click Buy Now for Updated Price. Estimated Price: $6.99 Click Buy Now for Updated Price. Estimated Price: 6.99 Buy Now %%item_customer_reviews%% Originally posted 2020-12-22 03:07:03. Republished…
Forex trading journal for Trader The trading logbook is offered in 5 Main point recordTrade setup to record your notice what your strategies and chart definedEmotion at the time you get entry your positionDetails about trading orders such as position size, SL, TPConclusion and Mistake to Improve your next trade get you to do it betterPerfect…
Buy Now Scott, Brandon Click Buy Now for Updated Price. Estimated Price: $39.97 Click Buy Now for Updated Price. Estimated Price: 39.97 Buy Now %%item_customer_reviews%% Originally posted 2021-05-09 20:05:57. Republished…
Grab this Life Ups And Downs Day Trading T-Shirt for your day trader mom, dad, husband, wife, grandpa, grandma, boyfriend or girlfriend! It’s a perfect crypto gift idea & present for Birthday, Father’s Day, Mother’s Day or Christmas!This Life Ups And Downs Day Trading T-Shirt is a perfect gift for crypto traders, stock day traders,…
Buy Now Russell, Matthew Ray Click Buy Now for Updated Price. Estimated Price: $17.97 Click Buy Now for Updated Price. Estimated Price: 17.97 Buy Now %%item_customer_reviews%% Originally posted 2023-04-02 14:22:20….
Buy Now Aziz, Matthew Click Buy Now for Updated Price. Estimated Price: $7.31 Click Buy Now for Updated Price. Estimated Price: 7.31 Buy Now %%item_customer_reviews%% Originally posted 2021-07-13 23:56:50. Republished…
Funny stock market investing giftLightweight, Classic fit, Double-needle sleeve and bottom hem
Do you want to became a Day trader and understand which are the mistakes to avoid? Do you want to know which is the right psychology to start making money? If you do, then keep reading.There are not many things in the life that are certain: take for instance the stock market that just happens…
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