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Menampilkan postingan dari Agustus, 2017

Online Day Trading - Dangers of Over and Under Trading to the Online Day Trader

One very important aspect of trading which is often overlooked by the novice online day traders engaged in online day trading is the number of trades to be taken during the trading day. Should they take just a trade or two during the day or trade as many as a hundred times during the day? It is very important for every trader to evaluate their trading style and see if they are over or under trading their particular style or system. Someone scalping the markets will have many more trades compared to someone trying to position trade during the day. Each style dictates its own number of trades. Too few or too many trades during the day can make a drastic change in ones profitability and consistency. Every trader should trade the market based on his or her own personality. If someone does not like to watch every tic in the market and it drives them nuts to do so, they should stay away from scalping. They would be better off trading a few times a day based off key technical levels and price