How does day trading stocks work?

Posted by admin on April 19th, 2010

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Posted in Stocks Tags: day trading, trading stocks

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One Response to “How does day trading stocks work?”

1. TS says:

   April 19, 2010 at 9:43 pm

   well you can use a thing called "limit buys", which automatically buys or sells what ever quantity of stock you want at a certain price. Day trading really means that you close all your positions every day, but it is now a generalization for short term (often a week or so). You can use sites like E*Trade, etc. but unless you have a significant amount of capital it isnt a good idea because commission is usually around $10, so if you cant make more than that, you lose. It is very dangerous, and you need to know what your doing. Im a value guy, I stay away from day trading. Try http://www.investopedia.com, its a great source for beginners.