How Do You Be A Day Trader?
Its a well known fact that most, about 80%, of all day traders struggle to beat the market or even make a profit trading stocks. There are many, many different types of trading techniques that are taught and talked about. Most day trading techniques involve studying stock chart patterns, setting up preset times to sell and times to buy a certain stock. Study Different Techniques – Before you start trying to trade for a daily income, it’s important to study all of the types of techniques that are available. Once you have read a few books and studied a few types of techniques, decide which trading style fits your personality best. Start with small trades and practice trading before you slowly build up how much money you are trading with. Try a Demo Account – Some stock trading companies offer demo accounts that allow you to practice trading stocks without using real money. Thats a good way to try out the new techniques you have learned. Study The Actual Companies Fundamentals – Since day
