Advice For Online Day Trading
Traders find this activity extremely profitable because of the financial leverage and rapid returns that accompany day trading.
Some believe that 2 -3 monitors are needed for effective online transactions while others believe a single large size monitor is sufficient. A high speed broadband internet connection is required for speedy inflow of real time quotes and charts.
The online platform of the broker should be dependable and all services should be instantly accessible. Access to the account of the trader should be easy and the response should be quick and efficient. The trader should be able to place orders and get results before the market closes.
The general misconception about day trading is that day traders can make quick money. The truth is that day traders can lose money equally quickly.
Stick trading involves picking a stock that is currently at a low price per share and then selling it when it increases in value. The time frame for this strategy is essentially completely open. That is, you can purchase the stock and hold it for a few years before selling it.
Of course, the possibility to earn more is there but so is the potential to lose a great deal of money. Again, day trading is a complex and difficult process. That is why a clear understanding of what it is one is investing in is critical.
This is no place for greed. The market is so volatile that it is impossible to predict when stocks will crash. However, for the disciplined trader the probability of making a good profit is a distinct possibility.
Instead, it is a logical device designed to help promote successful day trading decisions. While this may seem like a simple goal on the surface, it is the primary means in which many day traders are able to be successful in their venture.
Another really nice feature about working with a binary option is that investors buy them in quantities similar to the way they would buy mutual funds -- i.e. in exact dollar amounts. That makes it an easy investment to fit into a budget -- no guess work as to what the settlement amount of a trade will be. - 23212
Some believe that 2 -3 monitors are needed for effective online transactions while others believe a single large size monitor is sufficient. A high speed broadband internet connection is required for speedy inflow of real time quotes and charts.
The online platform of the broker should be dependable and all services should be instantly accessible. Access to the account of the trader should be easy and the response should be quick and efficient. The trader should be able to place orders and get results before the market closes.
The general misconception about day trading is that day traders can make quick money. The truth is that day traders can lose money equally quickly.
Stick trading involves picking a stock that is currently at a low price per share and then selling it when it increases in value. The time frame for this strategy is essentially completely open. That is, you can purchase the stock and hold it for a few years before selling it.
Of course, the possibility to earn more is there but so is the potential to lose a great deal of money. Again, day trading is a complex and difficult process. That is why a clear understanding of what it is one is investing in is critical.
This is no place for greed. The market is so volatile that it is impossible to predict when stocks will crash. However, for the disciplined trader the probability of making a good profit is a distinct possibility.
Instead, it is a logical device designed to help promote successful day trading decisions. While this may seem like a simple goal on the surface, it is the primary means in which many day traders are able to be successful in their venture.
Another really nice feature about working with a binary option is that investors buy them in quantities similar to the way they would buy mutual funds -- i.e. in exact dollar amounts. That makes it an easy investment to fit into a budget -- no guess work as to what the settlement amount of a trade will be. - 23212
posted by X - Men @ 11:22 AM
1 Comments
1 Comments:
Thanks for the advice.
Actually you can download investools DVD video at
http://investoolsdvd.veevideo.com
All 4 investools video available
- basic options
- adv options
- adv technical analysis
- currency trader
sample video here
http://rapidshare.com/files/194074847/InvestoolsBasicOptionsDVD.avi
http://rapidshare.com/files/194074905/InvestoolsAdvancedOptionsDVD.avi
else email me vicuob@yahoo.com
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