To Day Trade Not To Day Trade That Is The Question
If you look at some websites around the net youd think that day trading was some kind of disease or something. So much bad press surrounds it that you would thing that anyone who tries it must be nuts! So what exactly is day trading anyway?
Thats easy. Day trading is simply entering a trade on or after the opening of the days trading session and exiting a trade on or before the close of the days trading session.
So logically the length of a day trade is no more than a single day.
Does day trading have risks? Of course it does. In fact all trading and investing has risks. Day trading became popular when the availability of real-time market data expanded to the masses.
It appears that many trader became more fascinated with some of the fast-paced action rather than with the actual bottom line. It is true that some traders need more action than others and day trading may provide a way for those traders to satisfy their need for trading action.
Day trading is a method of trading and as such it is a tool. Now this may or may not be the right tool for you to use to build your fortune, but...
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