Do You Want to Take Day Trading as a Full Time Job?

The expert trader thinks about day trading?

Perhaps you are aware of all the media hype about day trading, but still do not know exactly what it is. In summary, it's daily, online stock trading in a very short investment horizons.

day trading is the buying and selling of various financial instruments such as futures, options, foreign currencies and stocks, with the aim of making a profit from the difference between the buying and selling price. Day trading is also different types of stores, such as trend trades, counter-trend trades, and in a range of crafts. There are several markets in the trading day, such as currencies, stocks, futures and commodities.

example of how day traders for

For example, at 10:00 pm on the day trader might buy 1000 shares of companies such as the price begins to appreciate the good news, then sell it at 10:06, when by 0.60 dolara.Dan trader makes $ 600, excluding commission and taxes.
If you want to be a day trader, you should know the following:

1 Day traders typically suffer extreme financial losses in the first months of trading. Most new traders never graduate to profit status.

2 Day trading is very demanding and expensive job.

3 Day traders depend on borrowed funds or buying stocks on margin

4 Day traders can not believe advertising claims that promise quick and sure profits from day trading.

5 Like all broker-dealers, day trading companies must report to the Securities Commission and the state in which they operate. It is necessary to check the company day trading with state securities regulators.

6 You need to work with an experienced day trader, you need to learn the latest techniques, use of the latest stock market investment software, subscribe to online day trading tutorial, a need to design your trading plan. Own strategy is the biggest secret of a successful day trader. This is true whether you are investing in equity or foreign exchange market.