Manage your money
Many who fail at day trading do so because they do not manage their money well. Very often,
traders are bound to go a little over their spending limit so as to make a quick gamble and that is
where they usually end up making even bigger losses that they just couldnt afford in the first
place.
Day trading is not about giving out your money, it is about winning with rational thinking and
planning. If you do not work according to a strategy, get one soon.
Dont hold on to short term stocks.
It comes highly recommended - if you have stocks in the short term suffering uninterrupted for
ten trading days, it is better to get rid of them. This helps remove weak stocks from your total
capital, giving it more solidarity.
If you own stocks that are likely to rise more than 25% on the first 3 days of trade, it is good to
sell about 50% of them. According to studies of trends, if you sell a stock that hurls 25% or more
during the first 3 days, you are most likely to achieve profits.
Look for trading techniques all around you. All you have to do is patiently compile your limits.
Once you have done this, take a good comparison of available technology that you have.
FKeeping your strategy in mind, use the equipment that is best suited to it.
Remember, learning is a never ending curve, so never stop and feel you know enough about
day trading.
The Science Of Stock Market Technical Analysis
Without trade, there will be no progressive economy. One of the bases of a progressive
economy is an active and continuous trade which facilitates the continuous flow of money
around the market. As long as there is an existing trade between two individuals or entities, be it
a commodity or other things that can be purchased or sell to generate profit, the flow of money
around the market will go on and a progressive economy is within easy reach.
In addition, the existence of market further established a common ground for different trading
activities. Apart from the physical structure or place of trade, the market is considered to be a
systematic process allowing traders to ask and bid, thus helping sellers and bidders to interact
and make various deals. It functions like a voting system wherein the candidates (the sellers)
seek the support of voters (the buyers) by offering their platform of governance (their product
and its market price).
One of the market systems that are very common among traders is the stock market (i.e. New
York Stock Exchange). It is the market for company stock trading and its derivatives. For
individuals outside the trading industry, stock is a term that is difficult to understand. Unlike
other market system such as the foreign currency exchange market and commodities market
wherein you can easily determine what is being traded (currency and commodities,
respectively), stock creates confusion among non-traders and even to neophyte traders.
In finance, stock is the capital raised by a certain company or corporation. Such capital is
accumulated through the issuance and release of shares to interested individuals or
organizations. Like in acquiring a pair of foreign currency or a commodity for revenue, the
acquisition of shares of a company’s stock allows you to partake in the revenues (based on the
percentage of your share ownership) generated by that company.
However, the issuance and distribution of stocks in the market requires extensive study and
evaluation. Like the currency or commodities wherein you need to take a position on a certain
deal, there is a right time to distribute stocks in the market to raise more capital for the
company. It is determined through a technical analysis.
How to make money in the stock market --tinyurl dot com/3ewskbk5 (copy and paste this in a new tab and remove DOT with actual .)