Why has day trading become so popular?
Thanks to the Internet, trading stocks online has now become so cheap and easy that anyone with a computer and a small amount of money can access the financial markets. This has created an amazing opportunity for the individual investor. With the click of a mouse, you can literally make hundreds of thousands of dollars per year buying and selling stocks from the comfort of your own home, provided that you know what you are doing. This easy accessibility has also been a dangerous thing, however, because it has meant that anyone and everyone can now trade stocks, even those that don’t have any real understanding of the system or the risks involved. That is why there have been so many horror stories of people who have lost their life savings on a few bad trades. Why are so many investors losing money when they attempt to day trade? First of all, it is because they attempt to trade the most volatile, risky and dangerous stocks, the Internet stocks, when they really have no business doing s
