Day Trading on the Internet

Day Trading on the Internet

High tech trading

Stock trading has been a very pronounced and reputable profession throughout history. It

has evolved today into a thing for the average American. Thanks to the computer or even more

specific the Internet Stock trading has just infiltrated the American home. Stock trading has been

around for a long time but just recently in the past 10 years it has become very popular with the

common man. It has become apparent that the average American has become educated enough to

enroll him or her self in the act of trading.

Millions of people all around the world have found that stock trading on the Internet is a

very lucrative investment. Althoe there is not a 100 percent chance that a return will be made

there is still a very devoted following (The Washington Post), Nov 14, 2003 pE1 col 1 (25 col

in) but it is not just as cut and dry as one thinks.

Day trading is a very fast passed

activity and involves finding very short term opportunities,

sometimes lasting only minutes. this can get pretty intense and tempting at times. This is why it is

very important that the investor is up todate on all the activity going on in the trading world. It is

not hard to become educated. The internet has become the place to be when trading. There are

many sites that are equipped

with the right informantion that is need to make educated invesments.

at any time of the day.(bollinger)

Novice traders have a 95% failure rate if they are not informed. For individuals to become

involved with day trading on the Internet it take a few simple steps. First of all the individual has

to become familiar with the system. The Internet is a great place to do this. Sites like Google and

MSN are very common for people to start there education with. to start you day trading you find

a trading stite. you can do this by tying in “day trading” on a search engine. this gets the ball

rolling. A web site that is very widely use is http://www.esignal.com. This is a site that allows a

beginner user to find out pertinent information about day trading. the web site allows the

individual to get charts and graphs on stocks they might be interested in. They can look up past

histories of there desired stock and see if it something they are interested in. (esignal.com)

Another common tacktick used in beginner

trading is what the profesionals call “paper

trading”. All this means is you are not using

real money. Your are on a dry run. The invester

takes his desired stock and simulates the stocks actions. he followes it until

he feels comfertable

with the system this a good way to learn the system and how it works.

They next ste p is to find a broker. This is also easy. The individual can use the site

Mentioned above to start there trading account. Most people start of there Portfolio with a

comfertable amount of money which is on average