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.
No matter what your favorite market is or what strategy you trade, this funny traders design tells the world in no uncertain terms that you’re into trading. Great birthday or Christmas gift idea for traders and investors!This trading print is a must for money managers, day traders, commodities traders, bears, bulls, forex traders and anyone…
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“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…
Are you a trader or investor and earn money on the market? Than this funny traders design is perfect to tell the world in no uncertain terms that you’re into trading. Heartbeat EKG Design with candlestick formation.This trading design is a must have for money managers, day traders, commodities traders, bears, bulls, forex traders, investors…
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What is Day Trading? Are you a beginner and have no clue about day trading? Do you want to become rich? Read On.. The truth is.. Broadly defined as buying and selling the same security in a single day. Armed with a large amount of data, and an even larger bankroll, the best day traders take…
The Go-To Guide for Day Trading the New Micro Stock Index Futures These four new Micro Futures Stock Index futures are 1/10th the size and risk than ever before. For the first time in history, the home investor can afford to trade the same contracts that fund managers and the wealthy have used since 1982. The…
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…
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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…
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