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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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…

Swing Trading with Options: A Crash Course for Beginners to Highly Profitable Day and Swing Trade Proven Strategies & Techniques to Trade Options, Stocks, Forex and Day Trading (Trading series)

Swing Trading with Options: A Crash Course for Beginners to Highly Profitable Day and Swing Trade Proven Strategies & Techniques to Trade Options, Stocks, Forex and Day Trading (Trading series)

“Buy the paperback Version of this Book and get the Kindle Book Version included for Free”If you are going to take charge of your own financial future then this decision alone puts you ahead of 95% of the American public.Can Swing Trading with Options be your next step?Do you want to explore and master the intricacies…

Funny Day Trading Buy Low Sell High Stock Trading T-Shirt

Funny Day Trading Buy Low Sell High Stock Trading T-Shirt

Cryptocurrency and stock trading apparel for swing traders and day traders. If you love to trade stocks in the stock market, this trading apparel fits perfectl for you. This Buy Low Sell High Apparel is for traders, not long term buy and hold investors.Funny investing stock trader and cryptocurrency trading apparel. If you love to…

Swing Trading For Dummies

Swing Trading For Dummies

Increase profit and limit risk with swing trading basics Swing trading is all about riding the momentum of brief price changes in trending stocks. Although it can be risky, swing trading is popular for a reason, and Swing Trading For Dummies, 2nd Edition, will show you how to manage the risk and navigate the latest…