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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…)
As of late, some huge SEC compliance audits in China are attracting mainstream news headlines and more. Therefore, more and more people are trying to determine just what the SEC is and what it does. Therefore, it is wise to take some time to try and understand what this group can do in terms of [...]
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Right now, there are so many Americans that are dealing with debt that potentially comes in many forms. For instance, one of the biggest problems that many young Americans face involves dealing with student loan management software. As a result, this has now lead to the rise of a debt collection system and debt collection [...]
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