Understanding The Risks of Day Trading
Day trading is the buying and selling of certain stocks within a single day. This is a rather "modern" technique of trading although it's been around for about thirty-seven years or so.
All positions are closed usually before the close of trading day because the main goal is basically to be able to profit from the difference between prices for buying and selling. Such a practice makes it highly speculative. Therefore it is no surprise that more than 70% of day traders lose money.
It is important to understand the risks involved in day trading before deciding to take the plunge. Continue reading ...
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Defined tags for this entry: day trading, day trading risks, day trading scams, discipline, risk management
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