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Your success won't come in a matter of months; this feat is only accomplished by those who have risked it all. I have wiped out about 2 trading accounts to be where I am today, it's a tough but very rewarding business to be in. To be successful you need to acquire a trader's mentality and that comes with years of experience.
What else can I help you with?
Successful Trader?
"The goal of a successful trader is to make the best trades. Money is secondary." – Alexander Elder
What is the difference between a day trader and a prop trader?
A day trader is a trader who buys and sells financial instruments (eg stocks, options, futures, derivatives, currencies) within the same trading day such that all positions will usually be closed before the market close of the trading day. - An institutional day trader is a trader who works for a financial institution. - A retail day trader is a trader who works for himself, or in partnership with a few other traders. A retail trader generally trades with his own capital, though he may also trade with other people's money. A proprietary trader ("prop trader") is a trader who trades securities on the account of the institution he/she works for, not for client-based business.
What is the difference between a prop trader and a day trader?
A prop trader is someone that is trading someone else's money, "the firm," and typically making commissions on the profitable trades they make. A day trader is someone who buys securities and sells them in the same day. Intra-day trading is a term also used. A prop trader can be a day-trader if that is the firm or the individuals trading style.
Does trader joe's opens on Labor Day?
Yes, Trader Joe in Sunnyvale is open on labor day.
What qualities make a successful trader?
Successful day traders need to be self-motivated, disciplined, levelheaded and financially independent. If you’re thinking about pursuing a career in day trading, compare your own personality profile against this list of key characteristics and personality traits.
Whihc websites offer information on becoming a pattern day trader?
Your local library may have a financial section with books that give tips to becoming a successful day trader. You can also find many tips and tricks from experienced traders online. One excellent site to check out is Trade King.
How does one become a successful stock trader?
One can become a successful stock trader or broker by completing a college or university program geared to stocks and bond trading with honours and working hard by learning through experience with a successful investment firm.
What does it take to be a successful trader on the internet?
buying and selling collaborating with Custmers
Who is the most successful stock trader ever?
Warren Buffet, hands down.
What skill did the Greeks needs to Master to become successful trader?
language and travel
How much does a day trader make?
I am a Day Trader. I make about $6000-$8000 a month trading with an average of 28k equity each month.
How do you make money day trader?
A day trader tries to make a profit by taking advantage of minute-by-minute changes in stock prices.
