13 minutes read
You don't have to be an expert or wealthy to start day trading, but you do have to be willing to learn the right things to be successful. The best way is to get trained by a professional trader or learn through books and videos. Day trading is an investment strategy that involves buying and selling financial assets within one trading day. Traders try to profit from short-term price changes without committing to a particular security for the long term. Successful traders usually have a detailed knowledge of market trends as well as a solid understanding of technical analysis. They also usually have knowledge of money management so that they can maintain control of their investments at all times. Day trading can be a profitable way to make money if you are disciplined and have the necessary knowledge and skills.
7 minutes read
I’d a fascinating session day trading today, when i required two very attractive setups plus they switched to be disastrous. Besides being tough on the trader’s ego, the outcomes of my trades today were a disheartening. However, it reinforced something I’ve spoken about in more detail with first time traders as well as in some past articles. We frequently forget that trading is a straightforward purpose of an indeterminate probability. Whatever the quality of the setup, all trades possess ...