Day Trading For Beginners (Entries tagged as day trading)

When Is A Trade A Good One?

nospam@example.com (Trader) — Sat, 25 Jul 2009 03:36:22 -0500

It's not uncommon for beginners to just sit around and just wonder how good the last trade went. The truth is, most of them cannot tell. But if the trade was made with confidence, you can pretty much be assured that the trade was a good one.
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Understanding The Risks of Day Trading

nospam@example.com (Trader) — Sun, 12 Oct 2008 01:02:15 -0500

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.
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Financial Literacy Leads To Financial Success

nospam@example.com (Trader) — Tue, 11 Dec 2007 11:48:37 -0600

Remember the times when you were told to master your three R's--Reading, wRiting and aRithmetic. Mastering them leads to literacy, the older folks would say.

The dictionary defines literacy as "the quality or state of being literate, especially the ability to read and write" or "a person's knowledge of a particular subject or field".

So if literacy means a person's knowledge of a particular subject, do trading beginner ever ask themselves how financially literate they are?
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News And Information--A Trader's Best Friends

nospam@example.com (Trader) — Thu, 11 Oct 2007 03:58:13 -0500

As you can probably tell from our articles here that we often emphasize the use of news, information and data when trading. Having the information at your fingertips can easily spell the difference between making a profit and throwing your money away.

With information so freely available through the internet and cable television, it's a wonder why statistics like "70% of all day traders fail" still exist. The truth is, there is good information and there is wrong information. For beginners, it is quite important for you to be able to discern them.
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Day Trading--Best Left To The Pros?

nospam@example.com (Trader) — Wed, 15 Aug 2007 13:42:00 -0500

Remember the saying "a fool and his money are soon parted"? This seems to be the theme when it comes to day trading beginners. Just do a search for day trading losses in your favorite search engine and sure enough, the statistics are mind-boggling.

Most of the search results will show that a staggering 70-90% of day traders lose money. Those kinds of statistics are almost equivalent to the ones that measure the number of people who lose money when gambling. So is it fair to say that day trading is like gambling?
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The Most Important Article on Day Trading for Beginners

nospam@example.com (Trader) — Sat, 11 Aug 2007 18:41:00 -0500

Telling it as it is!!!!!

Trading is not for everyone, you can lose lots of money trading and trading can make you lots of money, if you plan, study and work hard.

The appeal of day-trading and its overwhelming popularity of late stems from its easy accessibility, and promises of easy money.

Trading is a game of probabilities and at any given point in time a move may happen out of nowhere that was totally unforeseeable.

There are few jobs at which it is more difficult to make a living than trading!

Estimates are that 80% to 90% of all those who begin trading today will lose their trading capital within the next 12 months.
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Professional Day Trading Coaching

nospam@example.com (Trader) — Sat, 04 Aug 2007 06:22:00 -0500

Day trading has been a lucrative industry in the last eight to ten years or so. This is especially true in the United States. Although the American economy has gone through up's and down's during that span, the U.S. dollar has been particularly resilient. This is the allure of the dollar to investors from all over the world. It is unquestionably the "safe haven" currency.

Economic realities are a function of the stock market. When the economy is sluggish, chances are companies also feel the strain. But the trend in the last ten years has been that even if the stocks suffer a slide, it usually comes back strong in a matter of a few weeks. To be able to trade successfully in the market, one needs a sharp nose for these kind of things. If you don't, then you should consider hiring a broker or even a coach or else you end up very dead in the water.
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