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Not long ago, day trading was an activity reserved by professional speculators and financial firms, where employees specialized in fund management and equity investment. Electronic and margin trading has now made day trading a possibility for people at home. At home day traders will frequently buy and sell financial instruments, such as stocks, stock options, securities, and more within a single day, hoping to make a profit off of the high volume of trades.
If you are considering day trading, there are several aspects of the activity that you should know about before jumping in.
1. Have a day trading plan.
There are many elements to consider when developing a good trading plan, so here are just a few to start with. Determine for yourself how much of your portfolio you are willing to risk. Set a percentage, an (more…)
If you’re considering opening a bank account at a local credit union, there are a few things you should think about before doing so. There are a lot of factors that go into joining a credit union and you should be fully aware of all of the details that come with opening an account. So [...]
You need a change. After owning the small gift boutique for the last 10 years, you are ready to move on to another career. Owning your own business was the perfect solution when your daughter was in both middle school and high school, but now that she is off to college, the business takes too [...]
Many automobile dealerships are realizing success from working acquiring subprime auto finance leads. A credit score ranging from 500 to 600 is a subprime buyer, scores ranging from 300 to 500 are deep subprime. Statistics show that 43% of vehicle owners are financing their respective automobiles. Not utilizing the immense amount of sub prime leads [...]
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