| Day Trading: A complete guide for beginners in 2020 to learn the psychology of trading for passive income, money management, and ri Contributor(s): Russell, Kevin (Author) |
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ISBN: ISBN-13: 9798643354635 Publisher: Independently Published OUR PRICE: $14.20 Product Type: Paperback Published: May 2020 |
| Additional Information |
| BISAC Categories: - Business & Economics | Training |
| Physical Information: 0.43" H x 5.98" W x 9.02" (0.62 lbs) 204 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: Are you looking for a complete guide on day trading? Then keep reading... Day trading is the buying and selling of securities in one single trading day. This can occur in any type of marketplace that you choose but it is most common in the stock market and in the forex market. Day trading is very fast paced. You will purchase a stock, bond, option or other security at some point during the day. Then, sometime during the same day, you will sell the security. If you watched the market properly and the trade goes well, you will make a profit from that sale. If you made a mistake with your calculations, you will lose money. How short can day trading last? It can be as short as buying and selling in a few minutes, or even seconds The point is to end the trading day with a square position, i.e., neither long nor short on any financial security. It doesn't matter how many trades you do during the day. You can trade just once a day or 10 times a day...it doesn't matter. The defining characteristic of day trading is ending the day with a square position. Day trading can take place in any market, but the most common ones are the stock market and foreign exchange or forex markets. This book covers the following topics:
When you start day trading, you'll need to start looking at financial securities from a different vantage point. For example, if you're used to swing trading or a buy-and-hold approach to stock |