I am a Day Trader. I make about $6000-$8000 a month trading with an average of 28k equity each month.
Not much these days... Seriously, probably about the same as any trader would make, it depends on the trader's role. his/her order book, the objectives of his/her firm...It could be 100K, it could be 5M, really depends on many factors.
The best time of day to sell a stock is at the beginning if you are an experienced trader. You would want to wait till later in the day if you are an inexperienced trader.
Of course, you just have to know what you're doing. We make money and lose money, the rule of the game is to cut your losses short and let your profits run; it's as simple as that.
Day Traders"Day trader" has taken on a negative connotation. Many people think of the amateur individual investors who started investing their own money via online trading sites such as eTrade during the Internet tech boom. Some of them made lots of money at first. Most of them lost a lot in the crash. More technically, on Wall Street, "day trader" can refer to any very active trader who makes rapid, aggressive trades.An Individual who sits at home with a capital of 50,000 and eats junk food. The wife usually nags and neglects children
Depends on the type of investor you are. Day, short-long term trader.
A day trader tries to make a profit by taking advantage of minute-by-minute changes in stock prices.
A prop trader is someone that is trading someone else's money, "the firm," and typically making commissions on the profitable trades they make. A day trader is someone who buys securities and sells them in the same day. Intra-day trading is a term also used. A prop trader can be a day-trader if that is the firm or the individuals trading style.
5,500.how
A day trader is a trader who buys and sells financial instruments (eg stocks, options, futures, derivatives, currencies) within the same trading day such that all positions will usually be closed before the market close of the trading day. - An institutional day trader is a trader who works for a financial institution. - A retail day trader is a trader who works for himself, or in partnership with a few other traders. A retail trader generally trades with his own capital, though he may also trade with other people's money. A proprietary trader ("prop trader") is a trader who trades securities on the account of the institution he/she works for, not for client-based business.
Yes, Trader Joe in Sunnyvale is open on labor day.
Not much these days... Seriously, probably about the same as any trader would make, it depends on the trader's role. his/her order book, the objectives of his/her firm...It could be 100K, it could be 5M, really depends on many factors.
You do not need any special degrees to become a day trader. You do, however, need to do a lot of trend research.
one who buys and sells stocks on a minute-by-minute basis to try to make a profit
Research has shown that day trading can be either extremely profitable or extremely unprofitable. It is said to be very much like a gamble and although some can make a good living from day trading it is not considered lucrative for the average trader.
yes it is
There are many places where one can find a day trader software. Some websites include Day-Trading-Software, Gecko Software and The Day Trading Academy.
The best time of day to sell a stock is at the beginning if you are an experienced trader. You would want to wait till later in the day if you are an inexperienced trader.