Archive for July 13, 2013
There is money to be made in the stock market. We all know this. And subsequently, a few Americans embark on the idea of filling their coffers from day trading. But before you begin this endeavor, read these facts first.
The simple truth is that the majority of people who day trade lose money. According to the North American Securities Administrators Association, only 11.5 percent of those ever trade profitably. Included in that number is the fact that 95 percent will fail within the first two years.
However, if you are still curious about investing in day trading, follow these three steps to help you get started.
1. Invest in a solid trading computer setup.