A New Career - $$ - Day Trading Stock
What are your going to do now?
Lost your job? Your career is over? Your business failed?
Yet, you have some trading experience and the resources and passion to start a new career/business.
Then day trading may be for you.
Unlike other individual financial instruments traded, with stock day trading there are thousands of stocks that can provide dozens of day trading opportunities (big money wins) - any trading day, any time of the trading day. This article is about: day trading stock, trading stock, stock day trading, day trades, stock day trade and the like and you.
A fresh perspective about stock day trading.
While daytrading, It is the job of the day trader to find setups, stocks that present opportunities to make substantial money, throughout the trading day, online day trading, especially day trading stock.
The successful day trader should be looking for stock in a tension state, which is simply a stock with a daily price movement substantially away from a price balance, technically speaking, when you view charts. A tension state would be much like viewing a pendulum with the ball pulled away from neutral enough that, when released, it tends to accelerates to its neutral state and beyond.
Stocks, like the pendulum ball, tend to seek a balanced state, and like the ball, they return to balance and beyond, then fluctuate above and below the neutral position as they eventually return to some state of balance, or non-tension state, above, below, or close to the point of beginning.
Do stock prices behave this way while daytrading during the same trading day? Yes and no.
There are times when price of a stock will be completely filled after a gap open (price move from the prior day close) that morning of day trading or later in the trading day. Other times you will see a 50% retracement in the same day. Most times a gap move at market open will hold this tension state or price move the whole day and fill completely or partially on subsequent days.
As there is no way to predict how the price of a stock will behave after a sudden, major price move, it is best advised to be out of any of these day trades before the end of the day trading day.
Day trading stock, we find, is also far more interesting, as each stock represents the performance of an individual company or companies with tangible and recognizable products and services exchanged worldwide, in many instances involving companies managed by recognized leaders in their field. Each stock has both a technical (long and short-term price charts) and a fundamental (financial performance, balance sheet, profit and loss statements, earnings and so on) histories - both in flux, both impacting price positively and negatively. Therefore, trading stocks is far more interesting, and frequently more challenging than other forms of day trading to make money yet the profits are unlimited for those who learn to play the new game well.
Why day trading as opposed to swing trading or investing?
The last few months of 2008 have been crises times for most stock traders, where holding after the market close presents enormous risk. Stock prices can move 5, 10, even 20% or more over night leaving swing traders in shock at the open of the following day trading day. For all those buy and hold investors, their experience was no less shocking where, within just a few months, their mutual fund, IRA, or private investments can be 30, 40, and 50% depleted in overall value in a matter of months, wiping out decades of gains.
Day trading stocks, buying and selling stocks within the same trading day, with no exceptions, is in our view the best day trading opportunity in the NYSE and Nasdaq markets while day trading stock, trading stock, stock day trading, day trades, stock day trade.
Done well, gaining the confidence and competence with a consultant / coach, trading with a winning system that consistently gives you anticipated results, stock day trading can be the most rewarding (both for the joy of winning and wealth building profitability) trading approach we know of (and we have tried them all).
You too can earn thousands a day - day trading stock, should you qualify.
John McLaughlin, Stock Trader - Consultant / Coach
Helping online stock trading losers (unprofitable, and otherwise dissatisfied traders) quickly become consistently profitable winners.
Formerly - over 25 years of helping CEOs and other senior executives energize their businesses, careers, and relationships - industries: banking, real estate, insurance, and high-tech.
http://www.DayTradersWin.com - prospective clients: Day Traders Win
http://www.DayTradersCoach.com - clients: Day Traders Coach
949-218-4114
Article Source: ArticlesBase.com
