Getting Started In Day Trading
Day trading is defined as buying and selling securities, to make a profit, typically online. Although this type of trading has its risks like any other speculative financial transactions, there are also big profits to be made. Getting started is fairly straightforward, and it helps if you have either read one of the many books on the subject, or attended a class or workshop. You’ll need to open an account with a brokerage firm, and then focus on the stocks you are most interested in. And of course, you’ll also need to invest in the software and equipment that will allow you not only to trade, but to track your transactions, including your losses and gains. You can trade literally at any time of day or night, although most experts will tell you the best time is when the market is opening and about to close.