Day Trader Resources

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    • Day trading for a living.invest your money. image by Andrey Plis from Fotolia.com

      Some people make a good living doing so-called "day trading." Very simply, a day trader buys then sells securities during a particular day whereas most other investors buy and hold securities with hopes of appreciation over an extended period of time. By definition, a day trader will unload all his holdings at the end of each day, and buy securities the next day. Day traders tend to be knowledgeable in economics and the stock market, and they rely on several sources for helpful information.

    Daytrading University

    • Whether you are a seasoned day trader or are just starting out, you will find resources at Daytrading University that will make you a better all-around investor. It takes the approach that you should crawl before you walk if you're new to the profession. Thus, in its opinion, you should make theoretical trades until you have the knowledge base necessary to place your assets at risk. Reach the website by referring to "resources" below.

    Millennium Traders

    • Millennium Traders provides numerous services to day traders; and to some investors, it is an industry Bible. This well-written website is produced by industry professionals who are dedicated to your investing successfully. You can go to this website by getting its address under "resources" below.

    Securities and Exchange Commission

    • This website is particularly "on-point" if you are new to day trading. It provides information to the beginner on the risk involved in day trading, and it makes the point that it takes a "special" type of person to withstand the downside of this profession. To learn more about what the website provides, go to the address of the website that you'll find under "resources" below.

    Investors Business Daily

    • If you are engaged in day trading, you understand the need for information about the business world and how it affects the various markets. There is no better way to stay current with business than subscribing to Investors Business Daily, a newspaper and website that are the leading source of market analysis with particular emphasis on companies whose shares are poised for growth. Frequently, it offers free month-long subscriptions which will give you the opportunity to determine its worth. The website's address is listed under "resources" below.

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