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.
How to Generate an Income, or Grow Your Account Balance – Trading as Little as 1 Hour DailyIs the market beating you up? Do you feel like you’re taking one step forward, two steps back with your investment income? Would you like a proven, step-by-step strategy for generating consistent trading profits? Trading is one of…
The book “Tips and Tricks to Learn All About Day Trading and To upscale Your Income” is a must-have day trading manual that contains the A-Z of day trading, the do’s and don’ts and rules, strategies, techniques and practical tips and advice for day traders. The book is resourceful, and the information contained in it…
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…
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…
Do you have a busy schedule? Do you need an extra source of income, or are you just in between jobs?If you replied yes to any of these questions, then keep reading.In this book we will tackle the hard topics that most of us shy away from, the topics majority of us have questions to but…
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…
To invest successfully or trade in Stocks, Options, Forex, or even Mutual Funds, it is imperative to know AND understand price and market movements that can only be learned from Technical Analysis. You should NEVER attempt Trading or Investing without it!My 25 years experience has taught me that ‘every book on the market’ regarding Charting…
SWING TRADING: THE BEST STRATEGY FOR BEGINNERSSwing trading is considered to be a very active trading strategy. This is because trading time is not as strict as in other types of trading. A trader’s interest is on only capturing a swing that is available in the stock market. Once they capture it, they are sure…
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,…
Buy Now Technical Details All Reviews Capital j. FilmsClick Buy Now for Updated Price. Estimated Price: Free Buy Now Originally posted 2019-11-13 06:40:41. Republished by Blog Post Promoter
