Is Day trading make money?

Day traders seldom stand firm on footholds short-term and endeavor to benefit from intraday value moves and patterns. Day trading is a profoundly unsafe movement, with by far most of day traders losing cash yet it is possibly worthwhile for the individuals who make progress.
 

Setho

VIP Contributor
Whenever you want to start making money especially through trading and financial market there are various strategies that you might meet and it is up to you to choose which one is best for you . There are some people that are much more comfortable with looking at things from a larger time frame and they are known as swing traders who are mostly trading the weekly or monthly time frame in order to look at things from a much bigger perspective .
Day trading is actually a very good way of trading the financial markets but it is something that I am not going to advice for people who are absolutely genius . Day trading usually require that you should be picking up positions and closing them sometimes within seconds or minutes and it is almost always associated with using of high leverage . This is something that a lot of people do not have the right skills to do and as such I believe that you should first of all take your time to study and achieve a lot of education first . Then you should trade with a demo account and see how much you perform before trying to use actual money.
 
Top