Have you heard about day trading? Most day traders fail to succeed because they make a lot of mistakes during trading. This limits their profitability and may even result in losses. Whether you are a novice or a veteran trader you are likely to make mistakes from time to time. However, to be profitable you need to limit the number of times you commit mistakes. Each day trading market has its own challenges, and it is how you handle these challenges that determine whether you make mistakes or not. To avoid making mistakes here are a number of common mistakes that traders make in each day trading market.
©2015 Paul Reed (P)2015 Paul Reed
No specific strategies or tactics on when to enter or exit a trade. Just general advice. Such as; know your market, use a mentor, get a fast Internet connection... Useless.Also some wrong info here. He says NASDAQ and NYSE are the two US exchanges. What about AMEX and OCT. He says you need $5,000 to begin day trading, ridiculous!
Offered 3-4 strategies on intraday trades. Explain how to scan for stocks with potential which online stock screeners are best
Waste of money.
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