Saturday, December 22, 2007

Stock Market Trading - Day Trading For A Living

Stock market day trading is a great way of making money with a little bit of gambling. You have to have some strategy to follow when you involve yourself in stock market day trading. There are a lot of high-quality investments available that you could turn a small amount of money into a small fortune very quickly. However, to discover these you need to know what to look for and what to avoid. You need to understand supply and demand especially when it comes to what makes an investor like a particular stock and dislike another.

The day trader does not need a stockbroker. They are people who buy low and sell high all day long and can earn money very quickly. They will hold a stock anywhere from a few seconds to a few hours, but will always sell all stocks before the close of each day. The goal of any trader is to increase the value of the stocks that they own. One thing to remember is that there is a limit on the gains from a single share. This is why it's better to buy and change stocks freely and frequently.

The stock market has many ups and downs so it is very important to keep a record of all shares and the way they may turn during the day. Stocks are chosen based on a set of strategies or methodologies such as technical analysis, trend analysis, relative strength ranking, fractals and volumes, chart formations, and algorithms. A trader can also subscribe to a reliable newsletter(s), which provide expert advice on the most active stocks and indexes.

And, for those who have a very basic knowledge of investment strategy and terminology there are automated trading systems available on the Internet. Some trading systems are fairly complex and still require a fair amount of training to be used successfully. However one system has become a handy tool for many investors and that is the stock-trading robot called Marl. This robot will analyze stock trading patterns and look for patterns using mathematical algorithms that break down the trading record and determine at which points the stock peaked, and the points where it's value declined. As a result it will relay specific information to you on when to buy or sell. So, with this tool on your side, proper risk and money management, you can turn your money into a fortune.