Home
Day Trading Online Resources
Day Trading Index Links
Privacy Policy
Sitemap

Sponsored Links

 

Navigation

Day trading simulator
Day trading futures
Day trading school
Day trading online
Risks of day trading
Option day trading
Investing online day trading firm secretebayinterviews
Stock day trading
Day trading index
Electronic day trading

Books


A Guide To Day Trading And How It Works

Day trading refers to the purchase and sale of the same financial securities within the same trading day. Unlike stock trading and other forms of securities trading, day trading moves at a faster pace. While some view day trading as nothing more than gambling due to the high risks involved, others are of the opinion that it is a viable and potentially profitable business option. That is the reason a growing number of people are choosing to leave their day jobs in favor of becoming full-time day traders.

 

As with any new business venture, new traders should learn as much as they can about the system. A short course or seminar on the subject will be helpful, and you should read any books, articles and magazines that you can get your hands on.

There are also online trading simulators where you can experience what actual trading is like from the comfort of your own home as long as you have a fast internet connection and good trading software. Most traders prefer to trade with trading companies, however, as they are able to access market data from there. A trading company will require that you pay them a commission from your profits, however, for the use of their services.

Engaging the services of a trading company allows you to purchase stocks, futures, and currencies. Such trading companies will have online brokers that will complete your transactions for you, but for a fee of course. The first thing you should do is find a trading company that you are comfortable working with, as different companies provide different services at varying rates. You should conduct thorough research into the available options before you decide on a particular company.

The first thing you have to do before you are able to start trading is open an account with a trading company. You may start by investing a relatively small amount of money in your account, or you may choose to start with a large amount, depending on your personal financial situation. You should never invest all of your available funds, and you should always have enough savings to pay your bills and meet your necessary expenses and possible emergencies.

Once you have opened an account, you are ready to select a particular online broker to conduct transactions on your behalf. Each trading company will have several online brokers, so you should select one who you think will be able to maximize your profits. Once you have completed this step, you are ready to start trading in earnest.

While it is certainly possible for you to earn profits and make a living as a day trader, you should always keep in mind that one person's gain is another person's loss. Make your decisions wisely and think each course of action through before you embark uponn it, and you will find yourself on your way to becoming a successful day trader.



 

Day_Trading Recommended Products


Day Trading Computers News

Frank Rich on the National Circus: Sony's Apocalypse Is Now - New York Magazine


Live Trading News

Frank Rich on the National Circus: Sony's Apocalypse Is Now
New York Magazine
As Fred Kaplan asked rhetorically at Slate, “Will hackers now threaten to raid and expose the computer files of other studios, publishers, art museums, and record companies if their executives don't cancel some other movie, book, exhibition, or album ...
Sony cyberattack may be costliest everAM 760 KFMB
North Korea Behind Sony Cyber AttackLive Trading News
Sony Corp share price up, cancels “The Interview” release on threatsBinary Tribune
Human Events
all 9,045 news articles »

Read more...


The Unbreakable Laura Hillenbrand - New York Times


New York Times

The Unbreakable Laura Hillenbrand
New York Times
One day recently, I visited Hillenbrand at home to discuss the unusual way she works. We had been in touch for several months, trading pleasantries by email, and I was curious to learn more about the way her illness has shaped her creative process ...

Read more...


Thursday Sector Leaders: Precious Metals, Computer Peripherals - Forbes


Thursday Sector Leaders: Precious Metals, Computer Peripherals
Forbes
In trading on Thursday, precious metals shares were relative leaders, up on the day by about 2.9%. Leading the group were shares of Paramount Gold and Silver (PZG), up about 11.2% and shares of Rubicon Minerals (RBY) up about 9.8% on the day.

Read more...


Bradley Stone's body found with ax, a machete and two prescription pill bottles - lehighvalleylive.com


lehighvalleylive.com

Bradley Stone's body found with ax, a machete and two prescription pill bottles
lehighvalleylive.com
8, a day before the custody ruling. Perone said he does not want people to assume Stone's experience in the service sparked the Monday morning rampage. "These veterans come back, 99.9 percent of them are doing the right thing. They're changing their ...
Cause of death of man who killed 6 not yet knownSalina.com
Pill bottles found near Pennsylvania rampage suspectThe Columbian
Ax, machete, pill bottles near rampage suspectSunHerald.com

all 3,777 news articles »

Read more...


Ex-Marines: Pa. spree killer fought constantly with wife - CBS News


CBS News

Ex-Marines: Pa. spree killer fought constantly with wife
CBS News
They're changing their lives for the better," said Perone, now a sales manager at an international trading firm in Somerset, New Jersey. "Something like ... 8, a day before the custody ruling. Stone, 35, spared his two young daughters in the attack ...
Correction: Home Shootings-Pennsylvania storyWLNE-TV (ABC6)
Ax, machete, pill bottles found near rampage suspectThe Commercial Dispatch

all 26 news articles »

Read more...