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 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….
No doubt you will have seen or heard about the fervour that surrounded cryptocurrencies in 2017, and many of you may have dismissed them as a legitimate asset class; many may have felt a quiet interest but a looming fear; others undoubtedly felt drawn towards the allure of cryptocurrencies and altcoins (and any of the…
★★★ This journal can be used as a notebook or diary. ★★★It is Perfect fortaking notes, organizing daily activities, creating stories, making lists, doodling and brainstorming This Journal Features119 high quality bright white pages with lines (27 lines per page)Full size duo sided blank sheetsSturdy and matte full color softbound cover6 x 9″ dimensions (5.24…
Trading mode On for men, women, boys, girls, youth teen, mom, dad who are forex market investors and cryptocurrency traders. Cute for mama, papa, mother, father, brother, sister, uncle, aunt who are stock exchange lovers and bull & bear financial brokers.Stuff for kids, toddlers, mommy, daddy, husband, wife who are stockbroker investor and crypto investment…
Are you always ready to trade stock or bonds on any electronic trading platform? If the answer is yes, then this equity market enthusiast gift idea is an ideal choice for you. Let everyone know you have a stock market heartbeat and love the business life.Featuring a humorous saying and with a trade start button,…
Are you tired of living an ordinary life with an ordinary income?Do you keep struggling to pay rent?Do you want to stop swimming in the safe boring routine and dive into the exciting world of investments?Is trading a great business but you think you don’t own the skills needed?Do you wish you could invest but…
Do you wish to change from your 8-hour job and be your own boss and work from home?You’ve likely heard stories of people who have gotten rich quick off of investing, or seen movies where Wall Street executives fly in helicopters across town on their way to a high profile dinner with a beautiful partner…
Buy Now Scott, Brandon Click Buy Now for Updated Price. Estimated Price: $49.99 Click Buy Now for Updated Price. Estimated Price: 49.99 Buy Now %%item_customer_reviews%% Originally posted 2020-12-03 12:58:12. Republished…
Real estate day trading is using the Internet to buy and sell houses without leaving home. In many cases, the investor closes on a house and resells it the same day. Readers will learn the author’s system for how to buy and sell 5-10 houses a month in today’s market, using the Internet, phone, fax,…
Tired of losing money?Ready to learn how the stock market really works?The stock market is the biggest opportunity machine ever created.But most people don’t know how to harness it for profits.It took me over a decade to figure it out, and now I’m ready to share everything that I’ve learned.This is exactly the book that…
Accessibility Tools
