Day Trading Day traders rapidly buy and sell stocks throughout the day in the hope that their stocks will continue climbing or falling in value for the seconds to minutes they own the stock, allowing them to lock in quick profits.
Day trading is extremely risky and can result in substantial financial losses in a very short period of time. If you are a day trader, or are thinking about day trading, read the SEC publication, Day Trading: Your Dollars at Risk. We also have warnings and tips about online trading and day trading.
Under the rules of NYSE and the Financial Industry Regulatory Authority (FINRA), customers who are deemed "pattern day traders" must have at least $25,000 in their accounts and can only trade in margin accounts. We have provided this information to investors. It's neither a legal interpretation, nor a statement of SEC policy. If you have questions concerning the meaning or application of a particular law or rule. Please consult with an attorney who specializes in securities law. If you have a LOT of risk capital. And can afford to take a big loss if things don’t work out. Day Trading may be just the thing for you.
I would not advise anyone to jump into this market without the proper education and mentoring from a successful day trader. For More Information about Day Trading : Click Here
I prefer Commission Blueprint as a more risk free way of earning a income.
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