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Day trading is a process of buying and selling of financial instruments within the same day. The people who participate in day trading are called day traders. Commonly used day traded financial instruments are stocks, currencies, options etc. Once upon a time day trading was exclusive to only financial companies and professional speculators.
History of trading:
In the New York Stock Exchange, all important U.S. stocks were traded. A trader used to contact a stockbroker. That stockbroker would relay the orders to a specialist. These specialists would make markets with only a handful of stocks. You’ll get more information if you use our day trading homework help service.
Day trading is very risky. The results can be both extremely profitable and extremely unprofitable.
Characteristics of a Good Day Trader:
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