| This is a quick study of Day Trading. Day traders | | | | people only tell you about their wins and conveniently |
| deal with stocks and options trades on day to day | | | | forget about their losses. |
| basis with the primary objective of making quick | | | | Most studies note that the vast majority of day |
| money on short term trades. Day traders are short | | | | traders lose money in the stock market. However, |
| term buyers and sellers who keep a close watch on | | | | there are numerous successful day traders that |
| the price movements of the market. There are | | | | make a very comfortable living trading the market. |
| estimates that about 2,500,000 people operate from | | | | The newcomers to the stock market are more likely |
| home. | | | | to lose money than make it. Think of it as paying |
| Day traders generally close out all of their | | | | tuition to the school of hard knocks. If you survive |
| transactions at the end of the trading day in order to | | | | long enough, you can start to make a living trading. |
| minimize their risks for the next day. No one knows | | | | The vast majority of day traders operate from |
| for sure how the market will open the next morning | | | | home. With the internet and online brokers, it is easy |
| and what events that will happen overnight that will | | | | to set up an account and start trading. |
| impact the opening price. This is one method of | | | | Statistics point out that the majority of day traders |
| managing risks when the stock market shuts down | | | | who operate from home tend to lose money. Making |
| for the day. With large market fluctuations they may | | | | money by day trading has nothing to do with |
| even close out their position within minutes of buying | | | | intelligence; many very smart people lose lots of |
| and thus making a quick profit. | | | | money trading online. No matter how much you |
| It is difficult to know whether the average day | | | | study the trends and the various financial reports, it |
| trader makes any money at the end of the day. | | | | is difficult to predict the future in the market. There |
| Nobody really publicly announces his true wins and | | | | are so many unforeseen factors which influence the |
| losses and there is no reliable statistics concerning the | | | | value of stock that no one can accurately predict its |
| number of day traders operating in the market. Most | | | | future swing. |