Maybe you have thought that day trading is a financial activity that is only meant for the chosen few. Well, if this is what you have been thinking, you need to think twice. Day trading is not just meant for the chosen few. A while ago, people thought that the only people that were able…
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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Day Trading: Profitable Trading Strategies for Complete Beginners Which You Can Use to Kickstart Your Online Trading Career in 2019
If you want to earn easy money and learn profitable trading strategies to kick start your online trading career while doing it, then continue reading…Uncover the secrets of the world’s most profitable cryptocurrency day traders…Why is it that so many people fail when it comes to successful career?Why is it so hard to earn easy…
DAY TRADING FOR BEGINNERS GUIDE: THE BEST STOCK MARKET STRATEGIES TO CREATE PASSIVE INCOME FOR A LIVING. HOW TO MAKE MONEY WITH OPTIONS, FOREX, AND SWING TRADE TO REACH FINANCIAL FREEDOM.
You Would Like to Know the Secrets to Making Money From the Comfort of Your Home but You Don?t Have an Advanced Finance Degree? Don?t Sweat It.Day Trading is not just a game for millionaires. Even without a lot of capital, and with just a small risk, you can start trading and make HUGE amounts…
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Cooking with Cannabis: Delicious Recipes for Edibles and Everyday Favorites
Laurie Wolf is “The Martha Stewart of Marijuana Edibles” –The New YorkerThe benefits of marijuana for treating symptoms of severe illnesses are immeasurable. People with AIDS, cancer, neurological issues, arthritis, anxiety, depression, glaucoma, and many other illnesses are turning to cannabis to avoid the powerful and unpleasant side effects that often come with traditional medications.…
The Official High Times Pot Smokers Handbook: Featuring 420 Things to do When You’re Stoned
Since 1974, High Times magazine has covered marijuana in all its aspects and wonders, from cultivation to legalization to the herb’s enduring (and exalted) place in popular culture. Packed with inside information, The Official High Times Pot Smoker’s Handbook rolls up all of this collected wisdom into one indispensable ganja guide. With a life-changing list…
The Mindfulness Journal: Daily Practices, Writing Prompts, and Reflections for Living in the Present Moment
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Options Trading: THE COMPLETE CRASH COURSE 3 books in 1: How to trade options: A Beginners’s guide to investing and making profit with options trading + Day Trading Strategies + Swing Trading
If you’re looking for a way to get into the world of options trading and are interested in starting from the basics, learning the basic terminology and the right techniques to start venturing into this fantastic world, then keep reading. So far you have wandered around websites, bought courses online that promised you the moon,…
How to Change Your Mind: What the New Science of Psychedelics Teaches Us About Consciousness, Dying, Addiction, Depression, and Transcendence
Buy Now Pollan, Michael Click Buy Now for Updated Price. Estimated Price: $16.39 Buy Now %%item_customer_reviews%% Originally posted 2020-12-31 12:36:29. Republished by Blog Post Promoter
