Day Trading For Beginners How To Profit Using Trading Tactics, Tools, Psychology, Money Management And Generate Passive Income - Branson, Michael
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Understanding how financial markets work is crucial to making sure that global and economic markets are stable. Market participants (traders) vary due to their capital endowment, financial motivation, and the type of trading activity. Each activity is also subject to different regulations depending on how sensitive it is and the country that it is based. One of the trading strategies that many traders have come to love is day trading. This is a process whereby you buy and sell stocks on the same trading day. This is different from other types because the trading activity continues even after…mehr

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Produktbeschreibung
Understanding how financial markets work is crucial to making sure that global and economic markets are stable. Market participants (traders) vary due to their capital endowment, financial motivation, and the type of trading activity. Each activity is also subject to different regulations depending on how sensitive it is and the country that it is based. One of the trading strategies that many traders have come to love is day trading. This is a process whereby you buy and sell stocks on the same trading day. This is different from other types because the trading activity continues even after the marketing hours have closed. Traders that buy and sell using this method of trading are called day traders. The time allows you to run dozens of trades in a single day or run a single trade. You might decide to buy a stock the first day and then sell it the next day, that is if you realize that selling the same day might not prove profitable. The standard practice is for traders to close trades at the end of the day. Trades usually last a few minutes or seconds. These traders do this because they want to avoid any risks that arise out of price gaps between the closing price on the day of buying the stock and the opening price of the next day. Just like any other day, these traders make quick profits and also quick losses in such a short period of time. The good thing is that day trading gives you a chance to make decisions based on analysis of patterns. Day traders study the general market and the price and volume movement of the stocks. They then use fundamental and technical analysis to keep themselves abreast with the latest news items in order to make the right decisions. With the right decisions come better profits and satisfaction from all you do on the market.
Autorenporträt
Many years ago I was listening to a teaching tape by Pastor Chuck Smith of Calvary Chapel in Costa Mesa, California. He was talking about Jesus's selection of the men who were to become His disciples. He said that Jesus did not choose perfect men for the job, but rather He used normal, everyday people, people with flaws and failings just like the rest of us. The phrase Chuck used was, "Jesus built with crooked sticks." That phrase made a huge impression on me. My thought was, "I want to be a crooked stick. I want to do something useful, something that would be pleasing to my Lord." After many years of thought and study, the result is this book. My hope is that this book can help resolve doubt or help restore faith or lead just one person to a path that will result in the acceptance of the truth of the Holy Scriptures. Along the way, an additional hope would be that someone out there would also become excited about being a "crooked stick."