How to Become a Profitable Day Trader in 90 Days

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Most people want to know how to become a profitable day trader. But instead of taking the necessary steps needed to be a profitable day trader they jump from strategy to strategy. In this video I will show you how to become a profitable day trader in the fastest way possible between 90 day and 7 months. Still probably less time then you imagined.

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There was a time years ago when the only people able to trade actively in the stock market were those working for large financial institutions, brokerages, and trading houses. However, over the past 25 years, developments such as the growth of discount brokerages and online trading, coupled with instantaneous dissemination of news worldwide and very low commissions, have leveled the playing—or should we say trading—field. In recent years, the popularity of trading platforms like Robinhood and 0% commissions have made it easier than ever for retail investors to attempt to trade like the pros.

Day trading can turn out to be a lucrative career (as long as you do it properly). But it can also be a little challenging for novices—especially those who aren’t fully prepared with a well-planned strategy. Even the most seasoned day traders can hit rough patches and experience losses.

So, what exactly is day trading, and how does it work?

Day traders are active traders who execute intraday strategies to profit from a given asset's price changes.
Day trading employs a wide variety of techniques and strategies to capitalize on perceived market inefficiencies.
Day trading is often characterized by technical analysis and requires a high degree of self-discipline and objectivity.

What Is Day Trading?
The Basics of Day Trading
Day trading usually refers to the practice of purchasing and selling a security within a single trading day. It can occur in any marketplace but is most common in the foreign exchange (forex) and stock markets. Day traders are typically well educated and well funded. They use high amounts of leverage and short-term trading strategies to capitalize on small price movements that occur in highly liquid stocks or currencies.



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Category
Trading Online & Forex Online

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