Tips For Day Trading

29 May

For those of you who may consider day trading, realize it is not for everyone. There are risks and rewards associated to the game, and like any game, there are winners and losers.

Some numbers I have seen floated about suggest that less than 5% of traders make money. Another report suggests that upwards of 20% make money.

For a more structured example of what it takes, there is this article from BigTrends.com.

Often times traders lose so much money they are not around to continue. Other times, traders do not take enough risk and limit their upside potential.

A beginners’ guide to day trading can be found here:

Day Trading Strategies for Beginners

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