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Day trading education | Day trading tips

Posted By On 2/10/2009 06:38:00 PM Under ,

1. A number of times this question is popped on us that does day trading involves sitting full time in front of the computer monitor to see the market, than the answer to said question is that it is not required to sit in front of monitor whole day to become a successful day trader; however one has to fulfill a few preconditions which means that stock market trading is riskiest profession of the world.

2. As a serious day trader one must have do have a trading plan and do trade in the mprning hours when professional day traders make money and if you have made money in first few hours of the day, than do close all positions and call it a day to enjoy the day tension free.

3. If you have careful research, a knowledge of market patterns, a solid strategy, and a disciplined trading plan and can execute the stop loss ruthlessly, than one need not sit in front of broker terminal through out the day.

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