How to Succeed in Day Trading

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How to Succeed in Day Trading – This is a place for the community to provide tips and advice on How to Succeed in Day Trading. This topic was created by Geoff Horrocks and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

Tip 1 - Day Trading for a Living - Benefits, Risks & How to Succeed

Published: 9 years, 5 month(s) ago | Submitted by Gabrielle Duccini | permalink

In the days before personal computers, instantaneous communications, and sophisticated software, many Wall Street brokerage firms employed veteran traders to sit and interpret the paper tapes of st...

For further reading: http://www.moneycrashers.com/what-is-day-trading/ ^[1]

Tip 2 - An Introduction To Day Trading

Published: 9 years, 5 month(s) ago | Submitted by Libbrecht Liliane | permalink

This article will take an objective look at day trading, who does it and how it is done.
Tags: day trading,trading desk,dealing desk,risk,automatic pattern recognition,flag,backtesting,channels,analytical software,arbitrage,trading on news,merger and acquisition,short term,swing trading,beginning investor,money management,peter lynch

For further reading: http://www.investopedia.com/articles/trading/05/011705.asp ^[2]

Tip 3 - Here's What Day Traders Don't Understand

Published: 9 years, 5 month(s) ago | Submitted by Carolyn Hayes | permalink

Unlike Wall Streeters, they're not getting paid to trade other people's money.

For further reading: http://www.businessinsider.com/henry-blodget-heres-what-day-traders-dont-get-2010-3 ^[3]

Tip 4 - Is Day Trading Really for Suckers? | InvestorPlace

Published: 9 years, 5 month(s) ago | Submitted by Scrum Master Sylas Dias Lopes | permalink

Day trading is much harder than hucksters would have you believe, but that doesn't mean you shouldn't learn some of the baby steps to get there.
Tags: markets, day trading, day trading for suckers, should i day trade

For further reading: http://investorplace.com/2013/08/is-day-trading-really-for-suckers/ ^[4]