Day traders, by definition, trade on a very short-term time frame, seeking to generate profits by opening and closing positions hour-by-hour and having the majority of their positions closed by the end of the day.
Short-term profits and income are the goals with most day-traders, and the term is used more and more for “amateur” traders who trade from home and treat it as their primary occupation without being part of a brokerage firm. Day trading has become more and more prevalent for independent, non-affiliated investors who trade from their computers at home for hours a day.
The term can also apply to “professional” traders who trade on their firm’s account seeking intra-day gains. Day traders seek to maximize their profits from market open to close, or just however many hours they feel like trading, and are less concerned with long-term financial planning than short-term profits and income.
Low-fee online trading services, when combined with the technological advances of the financial services industry over the past 20 years, have made day trading more accessible to the average investor. Investors can also trade 24/7 now on Forex and derivatives markets, but the term Day Trading connotes short-term trading done as a “day job” or primary means of employment,
Day traders rely heavily on technical indicators and a proficiency with charting strategies.
Double or triple ETFs can be very volatile investments, so an investor should be aware of the risks involved
There are countless sources out there, all offering “the best” information, but very few offer a smart, logical approach
The Efficient Market Hypothesis (EMH) states that it is impossible to beat the market consistently over time
With our Diversification Score® tool, an investor can input their portfolio holdings, and our A.I. will provide a score
Publication 521 details the methods and requirements for tax deductions related to moving expenses (job related move)
Cash flow is the liquid flow of cash and cash equivalents into and out of a business
If the price of a good increases, the supply of that good will increase, and this is known as the Law of Supply
Chapter 11 is a type of bankruptcy filing a company can make to give itself time to reorganize and hopefully continue
Utilities stocks are those who deal in services like water, electricity, gas, and other critical infrastructure
The largest single-day point gain occurred on October 13, 2008 and, the largest percentage gain was on March 15, 1933