Showing posts with the label day trading for dummies


WHAT IS DAY TRADING Day trading is the practice of buying and selling financial instruments throughout the day. As the day progresses, prices will rise and fall in value, creating both the opportunity for gain and the possibility of loss. At 10:15am, a day trader might sell 1,000 shares of’s stocks just as the price begins to down on bad news, and then buy it at 10:25am, when it's up by $1 per share. In this example, the day trader makes $1,000, minus commission. With today's cheap commissions of $10 or less per trade, that's a quick $990 in just 10 minutes! When traded strategically, the trends and fluctuations in the markets allow for quick profits to be made in brief periods of time. Keep in mind, however, that day trading is specifically designed to result in smaller earnings on a regular basis; it is NOT designed to result in huge fortunes through a single trade. Day trading can be very profitable, but it isn’t a get-rich-qui