Day Trading Books : What are the strategies of day trader ?
Day trading is not investing it is a speculative game that can result in high profits or losses depending on how you play.Though brokers charge less fee for it but it is considered as extremely risky and can result in substantial financial losses in a very short period of time.
What are the most common strategies of day trader ?
Basically day traders use charts to understand the future trends in market.Some may also prefer to do a bit of financial research before playing in it.They have to be very sharp and reactive to every news that can effect the price of the stock.
Who is pattern day trader : According to U.S Securities and Exchange Commission any account that executes 4 or more round-trip day trades within any rolling 5 day period (exclude the vacations), provided the number of day trades represents at least 6% of the total trading activity during the same five-business-day period.
Kumaraa asked:
I want to know more about intra day trading, does anyone have free e-book version of any beginner’s Guide or tell me where can i download it from.
