One random example would be if a certain company goes up during a certain time of year.If we assume that Apple will make more sales during the holiday season then we may be able to assume that its stock price will go up during that time of year.
Instead I turn on my computer and begin looking at a chart, do a few minute pre market analysis, and begin trading.Most people that we call day traders look at the market which strictly technical analysis. The only difference between the three is the amount of time they are involved in positions.Scalper TradersProfessional day traders that make money in the stock market with high frequency and lower profit are called scalpers.
Our live classes are normally a few hours as well since the best activity in the markets come within the first few hours.Swing tradersProfessional day traders that make their money swing trading involves a much longer period of time. A swing trader uses fundamental or technical analysis but stays in trades over a few days or even weeks. If we are estimating the value on something we can also estimate that the value is going down and make a profit on it.Day traders can actually make more money when the market is going down, when the economy is in a recession, or when there is a crisis. One of the reasons I love to make a living day trading is because we actually make more money and an economic downturn and a crisis than we do when things are going well.
A bit of novice background of how I make a living day trading & traveling around the world. I enjoy going to festivals abroad and I have a decent enough job that pays well so I can travel a bit but not for as long as I would like so im always being pulled back.
Stock trading schools in new york|
Commodity option brokers
Pattern day trader regulations