how to make a living day trading

7
HOW TO MAKE A LIVING DAY TRADING

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Post on 13-Apr-2017

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Page 1: How to Make a Living Day Trading

HOW TO

MAKE A LIVING

DAY TRADING

Page 2: How to Make a Living Day Trading

Set a daily profit and loss goal for yourself

START WITH A demo account

Trade your demo account for months 3

Try to trade days per week 5

Page 3: How to Make a Living Day Trading

Work with capital you can afford

to lose

Work with a small list of 3-5 stocks

Page 4: How to Make a Living Day Trading

Involves holding a position for several days

Involves holding position for several weeks

Involves holding positions for a day or less

Involves holding a position over several years

TYPES of TRADING STYLES

day trader

investor

swing trader

position trader

Page 5: How to Make a Living Day Trading

DON’T CHASE your trades, there will be more opportunities

Be sure to use PROFIT STOP and STOP LOSS orders to manage risk

A comfortable RISK TO RETURN for day traders is 1:1

Page 6: How to Make a Living Day Trading

Trade stocks that trade more than 5M

shares per day

Stocks that are often traded provide greater trade

opportunity throughout the trading day for day traders

Stocks that you can buy or sell in large blocks without affecting the

price levels

The higher the volatility, the more the stock’s price fluctuates, therefore day traders have more profit and loss opportunities for

the day trading

THE best stocks FOR DAY TRADING

Page 7: How to Make a Living Day Trading

Contact Nonko Trading and find out how Nonko Trading can help you start your day trading career!