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.
Buy Now van Rijn, Elias Click Buy Now for Updated Price. Estimated Price: $0.99 Buy Now %%item_customer_reviews%% Originally posted 2023-06-30 16:34:15. Republished by Blog Post Promoter
Used Book in Good Condition
Buy Now E, Y Click Buy Now for Updated Price. Estimated Price: $26.00 Buy Now %%item_customer_reviews%% Originally posted 2022-02-03 18:36:16. Republished by Blog Post Promoter
A comprehensive guide to day trading, with prescriptive information and actionable advice to help you achieve financial success.It may seem that day trading is only for savvy investors who know the ins and outs of the marketplace—but it doesn’t have to be. All it takes is the right information and staying on top of the…
Buy Now Publishing, Caffeinestar Click Buy Now for Updated Price. Estimated Price: $9.87 Buy Now %%item_customer_reviews%% Originally posted 2021-04-17 07:41:55. Republished by Blog Post Promoter
Buy Now Moska, Bunji Click Buy Now for Updated Price. Estimated Price: $0.99 Buy Now %%item_customer_reviews%% Originally posted 2023-12-20 23:37:26. Republished by Blog Post Promoter
Do you want to learn how you can make BIG returns with Day trading? Looking for a trading plan which doesn’t require holdings stocks for weeks or months? Do you want a straightforward, detailed guide for Day trading success? Then keep reading…Day trading is a powerful way of trading, relying on daily buying and selling…
Buy Now Grimes MD FAAFP, Jill Grimes, Nicole Click Buy Now for Updated Price. Estimated Price: $14.69 Buy Now %%item_customer_reviews%% Originally posted 2022-08-10 06:36:27. Republished by Blog Post Promoter
Buy Now Zimmer, George Click Buy Now for Updated Price. Estimated Price: $26.00 Buy Now %%item_customer_reviews%% Originally posted 2023-02-28 12:44:01. Republished by Blog Post Promoter
Buy Now Imhoff, Daniel Click Buy Now for Updated Price. Estimated Price: $18.00 Buy Now %%item_customer_reviews%% Originally posted 2022-03-21 11:48:30. Republished by Blog Post Promoter
Accessibility Tools
