Song: JD - DayTradingRadio Sorry, I have more important issues than picking arguments. Nowhere did I ever state that trading is the ONLY profession that adds value to society, that would be plainly absurd. The fact that you seem to have a real problem with trading, however, grants you no right to dispute others’chosen path, be it trading or anything else, let alone insult them. If insurers assume risks and get paid for it, does anybody argue that “on balance they subtract value from the system” ? So, if traders assume risks that others shed and bring liquidity and diversity of opinion (and, by the way, a mechanism to keep politicians’fantasies in check) to the table, why should it be any different ? Or does it add more value to society to have Fed- and taxpayer-bankrolled risks only ???
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By definition, day trading is the regular practice of buying and selling one or more security positions within a single trading day. No position, long or short, is held overnight. Day traders frequently deal in thousands of shares, often with leverage, and look for small-percentage profits on each trade – often less than $1 or $2 per share. They take positions based upon their analysis of a stock’s probable price direction within the trading period.
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Leesa : Give $125, get $50 Soldering Supplies Free Trading Guides Beyond that, be sure to do your research before you jump in, and establish an exit plan. It’s easy to make rash decisions when your positions start going bad, so setting rational strategies in advance can help curtail emotional reactions.
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Day trading is suited for forex traders that have enough time throughout the day to analyze, execute and monitor a trade.
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The group released its findings just weeks after trader Mark Barton shot and killed nine people at two Atlanta day trading firms in 1999. He had lost hundreds of thousands of dollars.
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Be an exceptional risk manager and ensure that whatever you are putting up per trade, can handle multiple losses in a row. Forum
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About Of course there are valid systems that hold overnight but you are subject to a lot more uncontrolled variables including overnight gaps and overall market fluctuations. I like being *done* at the end of the day, win or lose.
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