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[size=47]Trading and investing are two very different strategies. [/size]
[size=47]Stock market for DAY TRADERS and beginners [/size]
Traders look to generate profits over a short period of time.
Day trading is like a job. Take advantage of the difference between the bid price for a stock and ask price.Make several trades each day and have each position closed by the end of the market day. This practice is known as stock market day trading.This means entering when the stock prices are low and exiting when they are high.
You would be able to gain maximum profits when you keep yourself updated in the market.Understand how the trend works. Once you have found a clear upward trend, make your investment. The secret of successful trading is good risk management. If you have doubts of the trend, simply do NOT operate that asset and look for another asset. It's quite normal to sustain losses in some of the trades that you make. You always limit your risk, and you always try to have favorable probabilities. Rely on small profits.
Trading, as in life, will present you with challenges. It’s how you deal with that challenge that will determine your success.
Good luck and safe trading!
Asoka Samarakone
[size=47]Stock market for DAY TRADERS and beginners [/size]
Traders look to generate profits over a short period of time.
Day trading is like a job. Take advantage of the difference between the bid price for a stock and ask price.Make several trades each day and have each position closed by the end of the market day. This practice is known as stock market day trading.This means entering when the stock prices are low and exiting when they are high.
You would be able to gain maximum profits when you keep yourself updated in the market.Understand how the trend works. Once you have found a clear upward trend, make your investment. The secret of successful trading is good risk management. If you have doubts of the trend, simply do NOT operate that asset and look for another asset. It's quite normal to sustain losses in some of the trades that you make. You always limit your risk, and you always try to have favorable probabilities. Rely on small profits.
Trading, as in life, will present you with challenges. It’s how you deal with that challenge that will determine your success.
Good luck and safe trading!
Asoka Samarakone
