Day Trading Education anyone? Quote:
Originally Posted by Patricia12 Why should a trader choose day trading?
Is day trading profitable? |
Hi Patricia12,
Day trading is suitable for people who are looking to trade for a living, who are keen to earn a full time living or for anyone interested in the stockmarket and want to take their investing knowledge to the next level.
The main advantage to day trading is the ability to be flexible in a volatile markets. By day trading you avoid the over night risk of the markets and can control your risk exposure, where as longer term trading/investing exposes your capital to the overnight risk.
The Ftse 100 is down just over 10% since 1999, in the last 12 year time period, a £100,000 invested in a FTSE 100 tracker fund would be worth around £79,400 today. In that same time period the FTSE 100 has risen and fallen between 25 and 75% on more than four occassions. This creates great opportunity for day traders, volatilty is an asset for a day trader.
If there is anything else I'd be delighted to help you.
kind regards
PAZA |