Answer
Apr 06, 2018 - 03:25 AM
If you have to money to burn, go for it!
Study the markets, and choose wisely. Markets tends to fluctuate up or down at a rapid pace.
Three rules to take into consideration:
1. Avoid penny stocks
2. Cut your losses by placing limit orders
3. Be realistic about profits.
You could gain or loose thousands in a matter of hours, but the rewards for making the right moves at the right time can prove to be very rewarding.
Keep in mind that people have become millionaires overnight, but there are also those people who lost everything in the snap of a finger. So, exercise caution. Know when to hold em know when to fold em.
If you can stomach a fast-paced environment filled with lots of pressure and you're a fast thinker, then daytrading may just be up your alley.
Good luck!
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Study the markets, and choose wisely. Markets tends to fluctuate up or down at a rapid pace.
Three rules to take into consideration:
1. Avoid penny stocks
2. Cut your losses by placing limit orders
3. Be realistic about profits.
You could gain or loose thousands in a matter of hours, but the rewards for making the right moves at the right time can prove to be very rewarding.
Keep in mind that people have become millionaires overnight, but there are also those people who lost everything in the snap of a finger. So, exercise caution. Know when to hold em know when to fold em.
If you can stomach a fast-paced environment filled with lots of pressure and you're a fast thinker, then daytrading may just be up your alley.
Good luck!
Day and swing trade alerts from pro technical analyst - $39.29
Click Here!
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