I have personally met many people who are interested to trade their stock online but they do not know from where to start. It is a common myth that stock trading is complicated; yes, it is, but only for those who do not have sound knowledge of trading and latest happenings of the industry. If you want to be a successful online trader, you must always keep your knowledge updated on the stocks, which are performing best now, and on the stocks, which are likely to fall in value in the near future so that you make the right decision at the right time. To be at the top of the stock news is somehow technical because the value of the stocks changes frequently and suddenly. Besides that, arrangement of a proper setup to trade ..... read more

I have a lot of trader friends and they often ask me why I prefer day trading over swing trading despite that its real time data is expensive and the commissions are quite high as compared to swing trading. I just smile and remember the time when I also used to think the same. There was a time when day trading was a new concept and people did not know much about it. Now-a-days day trading has become a common trend in online stock trading. I personally know many traders who switched swing trading and moved to day trading. This is because day trading provides a lot of benefits to them. Before becoming a day trader, I also thought it’s too risky and it’s not easy to make money through it but now I enjoy being a day t ..... read more

In day trading, usually the positions don’t remain open overnight. Before leaving, the trader mostly closes all his open positions at the end of the trading session and enjoys a peaceful sleep because not even his single penny is at stake. When the next day begins, he wakes up with new hopes and new frame of mind and enters into fresh trading. However, some day traders sometimes come across a stock, which they find worth holding for longer period of time. This is never a wise idea due to the risk of unconsciously holding low quality stocks overnight. Though in day trading, holding stocks overnight brings good money yet it is a very risky trade because sometimes you even lose much more money than you gain from it. Th ..... read more