Trade Your Way to Financial Freedom pdf torrent

What is day trading?

Day trading is simply the buying and selling of any financial instrument in the same
trading session. This is different from investing or swing trading. In the former, the instrument, usually a stock or bond, is held for an extended time, sometimes many
years. Swing trades extend over days, weeks and sometimes even months.

Day traders seek to capitalise and profit from the many price moves that occur in
most instruments every trading session. For example, there have been many days
when the Dow Jones Industrial Index has moved by more than 100 points. A move
of that magnitude can generate literally millions of dollars in profits for an astute
and capable day trader.

Most people believe that investing in property or shares is “safe” and that day
trading is only suitable for the mega-rich or criminally insane. But the reality is that trading futures allows for easy entry on short or long positions. Those holding
shares in a bear market (a prolonged period in which investment prices fall,
accompanied by widespread pessimism) are actually in a much more precarious
position. Volume often dries up making selling difficult. That’s why prices fall!
Sellers drop their ‘ask’ in order to attract bids from buyers