Day trading strategies: the complete guide with all the advanced tactics for stock and options trading strategies. Find here the tools you will need to invest in the forex market


Things to consider before getting started


Download 1.65 Mb.
Pdf ko'rish
bet6/95
Sana30.01.2023
Hajmi1.65 Mb.
#1140565
1   2   3   4   5   6   7   8   9   ...   95
Bog'liq
BOOKS.YOSSR.COM-DAY-TRADING

Things to consider before getting started
Day trading isn’t a hobby or a game. It’s a serious business, and just like
any serious business day trading is going to require a serious commitment
even before you get started.
Day trading requires a serious time commitment. You are
going to have to study the financial markets, keep up with
financial news, and spend time at your computer pouring
over financial data. Do you have the time to do all of these
things? It’s basically a full-time job. You’re not going to be
a day trader while working your 9-5 and expect to be
successful. The day traders who are successful are 100%
committed.
Are you willing to practice before actually beginning day
trading? Jumping in and risking tens of thousands of
dollars without experience is a bad idea. We have listed
links to practice software that lets you simulate stock
market trading. Are you willing to spend several months
honing your skills using practice methods before actually
day trading with real money? You can even open “demo”
accounts with many brokers. Consider working on this and
practicing now, and then getting into real investing when
you’ve honed your skills. 
Do you have adequate capital to get started? The U.S.
government has a $25,000 minimum capital requirement
to begin day trading. Do you have the money already? And
is this actual money you can lose without getting into
serious financial trouble? 


Choose a broker
If you are already investing in stocks independently (that is outside an
employer or a mutual fund) you may already have a broker that can also act
as a broker for day trading purposes. Top brokers that retail investors can
use include Ally Bank, TD Ameritrade, Trade Station, Interactive Brokers,
ETrade, Charles Schwab, and many others.



Download 1.65 Mb.

Do'stlaringiz bilan baham:
1   2   3   4   5   6   7   8   9   ...   95




Ma'lumotlar bazasi mualliflik huquqi bilan himoyalangan ©fayllar.org 2024
ma'muriyatiga murojaat qiling