Day trading is short term trading

Day trading is short term tradingA day trade is (usually) entered and exited within the same trading day

Day trading is short term tradingA day trade is (usually) entered and exited within the same trading dayA day trader takes advantage of the relatively small movements in stock price during the trading day

Although some moves can be more than 100 points

Point one – Get your research rightResearch on short term trading like day trading consists of technical research

Point one – Get your research rightResearch on short term trading like day trading consists of technical researchTechnical research involves reading stock charts to determine what is likely to happen to stock price at given times

Point one – Get your research rightResearch on short term trading like day trading consists of technical researchTechnical research involves reading stock charts to determine what is likely to happen to stock price at given timesYou’ll want to learn to read stock charts properly in order to be a successful day trader

Point two– Follow a winning strategyThere are many day trading strategies available

Point two– Follow a winning strategyThere are many day trading strategies availableAlways test a strategy for yourself before committing money to it

Point two– Follow a winning strategyThere are many day trading strategies availableAlways test a strategy for yourself before committing money to itStart by back testing as far into the past as your charts will allow. Write down the results

Point two– Follow a winning strategyThere are many day trading strategies availableAlways test a strategy for yourself before committing money to itStart by back testing as far into the past as your charts will allow. Write down the resultsTest in real time by paper trading from the strategy for a while

Point two– Follow a winning strategyThere are many day trading strategies availableAlways test a strategy for yourself before committing money to itStart by back testing as far into the past as your charts will allow. Write down the resultsTest in real time by paper trading from the strategy for a whileWhen you have a winning strategy, stick to it!