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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Swing Trading: Learn How to Win the Stock Market Game & Trade for a Living with proper Money Management, Psychology, and proven Swing Strategies. Complete Guide for Beginners to join the 10% Circle

Swing Trading: Learn How to Win the Stock Market Game & Trade for a Living with proper Money Management, Psychology, and proven Swing Strategies. Complete Guide for Beginners to join the 10% Circle

Have you ever asked yourself why 90% of traders and investors lose money consistently? Have you ever asked yourself where their money goes?Exactly! Into the pockets of well-informed people!!Imagine how your life would change, if you knew that you were on the proven path to wealth.Keep reading to give yourself a chance to start building…

Keep Calm and Trade On: Trading Log Book | Define your Goals, Record your Strategies & Keep Track of your Trade History | 150 pages (7″x10″)

Keep Calm and Trade On: Trading Log Book | Define your Goals, Record your Strategies & Keep Track of your Trade History | 150 pages (7″x10″)

 Every successful trader needs to have an established methodology : this trading journal is the best place to write down trading rules, analyse winning strategies, define monthly goals, and keep track of every details.This journal made of 150 pages (7″x10″) contains : lined pages to write down trading rules pre-formatted pages to define monthly goals…

Funny Day-Trader Trading Stock Market Fibonacci Retracements T-Shirt

Funny Day-Trader Trading Stock Market Fibonacci Retracements T-Shirt

This cool investor design is perfect to wear for a stockholder, shareholder etf-investor or day trader who loves the best stocks, shares, equities or stonks, the share market and investing for more money and financial independence.The best investment is in yourself. And in some stock market humor. Are you bullish or bearish about investing jokes…