1. We all see people scrambling to stock market as and when there is a steep rise in the market and see them day trading or can be called as undertaking the jobbing to make profit at the end of the day. We will analyze the word day trading and would like t make it clear to you that day trading is generally misused and misunderstood term.
2. As a layman language for the day trading is the scenario where stock is bought and sold at the end of the day before the closure of the market and a person is immune from the impact of the events taking place out of the trading hours.
3. However our so called day traders at times try to avoid the losses during the course and convert those stocks as a delivery which goes against the gambit of day trading as one is undertaking a psychological notional loss on the paper. Thus as a day trader avoid this habit and learn to book losses also as it is a part of the game and if you can valiantly bear the loss without affecting the trading style than at the end of the day you will be a winner as a Unfortunately, many people who claim to be “day trading,” hold stocks overnight because of fear or greed, thus setting themselves up for the catastrophic elimination of their capital..
4. Similarily in Forex market day trading meaning changes a bit as one has a full 24 hours cycle for day trading as this market never sleeps. Thus, in Forex market one can have open positions for longer than a day with active stop losses that can be activated at any time.
5. Do remember to identify your style of trading as either as a scalper who undertakes the repeated buying and selling of a large volume of stocks within seconds or minutes and is happy making profit with small amount but with a large volume.
6. Similarly one can be identified as momentum traders in day trading as it involves trading those stocks which are in a moving pattern during the day and thus accurate identification of such stocks is a necessity and one has to work against time to identify such stocks and buy such stocks at bottoms and sell at tops.
2. As a layman language for the day trading is the scenario where stock is bought and sold at the end of the day before the closure of the market and a person is immune from the impact of the events taking place out of the trading hours.
3. However our so called day traders at times try to avoid the losses during the course and convert those stocks as a delivery which goes against the gambit of day trading as one is undertaking a psychological notional loss on the paper. Thus as a day trader avoid this habit and learn to book losses also as it is a part of the game and if you can valiantly bear the loss without affecting the trading style than at the end of the day you will be a winner as a Unfortunately, many people who claim to be “day trading,” hold stocks overnight because of fear or greed, thus setting themselves up for the catastrophic elimination of their capital..
4. Similarily in Forex market day trading meaning changes a bit as one has a full 24 hours cycle for day trading as this market never sleeps. Thus, in Forex market one can have open positions for longer than a day with active stop losses that can be activated at any time.
5. Do remember to identify your style of trading as either as a scalper who undertakes the repeated buying and selling of a large volume of stocks within seconds or minutes and is happy making profit with small amount but with a large volume.
6. Similarly one can be identified as momentum traders in day trading as it involves trading those stocks which are in a moving pattern during the day and thus accurate identification of such stocks is a necessity and one has to work against time to identify such stocks and buy such stocks at bottoms and sell at tops.
