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The Day Trader's Bulletin has an informative article on the realistic possibility of making a living by day trading. Basically, day trading is not easy nor for the faint of heart. One needs enough capital to be able to succeed at it. For the most part, the author advises people to not give up their day jobs.
What else can I help you with?
What companies will help a person learn about day trading for stocks?
Investopedia will help a person learn about day trading for stocks. They have a very strategic plan for helping beginners learn the ins and outs of day trading.
Where can one find tips on how to choose stocks for day trading?
You can find tips on how to choose stocks for day trading at the Investopedia website. Be warned when being told to purchase specific stocks as some people are just looking to inflate the price of them so they can dump their stocks. You should know that few people are successful at Day Trading. Make sure that you are using money that you can live without; do not borrow money for investments. There are no sure things, particularly as a small player. Learn the craft with virtual accounts first and do not depend on an advisor--they make their money on commissions.
What is a good system for day trading stocks?
You may benefit from some coaching from www.rockwelltrading.com You can also get some tips here http://daytrading.about.com/
Where can one find expert advice for beginners wanting to start day trading stock?
Expert advice for beginning day trading stocks is available on many different online resources related to the stock market. TradingSmart is an example that has an article with many tips on starting day trading.
What is day trading and is it a stressful job?
Day trading by definition is the trading of stocks from day to day. A day trader constantly watches stocks and buys and sells as the stocks go up and down many times a day. It is a very stressful job because you are constantly gaining and losing money and it is very fast paced.
Will day trading software work for foreign stocks?
Yes day trading software will definitely work for foreign stocks. You are still trading, are you not? Yes you can use them. I would double check also if its irritating you
Where can one learn about day trading penny stocks?
You can learn about day trading and penny stocks from various finance websites. You can also contact a dedicated agent who will be happy to help you with your problems.
How can I find stocks to day trade?
To find stocks for day trading, you can use stock screeners, follow market news and trends, analyze technical indicators, and consider volatility and liquidity of the stocks. It's important to research and understand the companies you are trading and to have a solid trading strategy in place.
What exactly is day trading specifically?
Day trading is the process of quickly buying and selling stocks, sometimes in the same day. It is a very risky type of trading, but can be very profitable.
What is intra day tips?
Intraday tips are those tips in which you can do your business in the trading day and square up at upto 3:30 pm.
What are the best sources online for education about day trading?
Day trading involves buying and selling stocks on the stock market. Sources to learn about day trading can be found online at tradingacademy, and pristine.
What is day trading software?
Day trading software is computer software intended to facilitate day trading of stocks or other financial instruments. Day trading software falls into three main categories: Data, Charting, and Trade Execution.
