3 common misconceptions about day trading penny stocks

Some people believe day trading top penny stocks is this super fun and ultra-exciting endeavor. Don’t get me wrong, it can be, but overall there are a ton of misconceptions of what traders do and what the general public assumes they do. With that said, let’s take a look at some of these misconceptions. Trading Is Exciting Since the financial crisis of 2008-2009, central banks have taken an extremely active role in the markets. Not just in the United States, but across the globe. With that said, volatility in the longer term has declined, substantially. Not only that, but algorithmic trading dominates the volumes we see in the markets today. What does that mean to active traders who like top penny stocks? Well, opportunities are scarce. There might be only

Continue reading

Swing trading or day trading?

When it comes to trading good stocks to buy there are several schools of thought. Some traders prefer to day trade exclusively. They find comfort in closing out the day in cash, knowing that an overnight event can’t hurt them. On the other hand, some traders like to hold on to positions for days, weeks, or even months, in hopes of capturing larger moves. Their thinking is that day trading involves too much randomness and that the markets are largely dominated by algorithmic trading.   What’s the best way to trade? Well, in order to day trade good stocks to buy there are certain requirements that need to be met. For example, if you execute 4 or more day trades in 5 business days in a margin account, provided the

Continue reading

Idea Generation for day traders

When traders day trading stocks introduce themselves to each other, they’ll often ask each other, “What type of trading do you focus on?” For example, some traders focus purely on fundamental analysis, others might focus strictly on news driven events, someone else might focus on specific technical setups. I could go on and on, hopefully you get the picture. There are several methods and approaches traders use to try to beat the market. For the most part, nearly every trader ends up failing. It could stem from a lack of capital, time, knowledge, discipline, tools, or even a poor strategy. In general, if most people fail at day trading stocks, then do you want to be trading off the same methods they are? Of course not. The same old strategy wont

Continue reading
bonus

Free Guide To Become A Successful Trader/Investor

lock No Hidden Fees. Unsubscribe Anytime.

[index]
[index]
[523.251,1046.50]
[523.251,1046.50]
[523.251,1046.50]
[523.251,1046.50]