The Golden Rules to Make You a Success in the Stock Market

I assume that when you click in this article, you are having the desire to make money in stock market. From my personal experience, I suggest that the most lucrative way to earn in stock market online is through stock day trading. However, to be honest with you, to be rich overnight through stock day trading is impossible, and unwise to think that. As a novice, you have to learn from ground up and eventually will gain your financial freedom. The following guidelines are the golden rules for you who wish to trade in stock market.

As you know, positive long term stock investment is able to generate profits with the range up to 10 percent per annum if you persist on a particular healthy stock pick. While stock day trading is able to generate a sound profit by a trading day time or even shorter. Hence, if you are able to master the professional skill of day trading, it will be much more effective in earning than long term investment.

Due to the variety of business registered nowadays, stock market provides numerous choices and opportunities. This trend provides better opportunities for day traders to "refine" and "extract" the most profitable stock picks. There are wide spread of stocks which become "hot stock" every week comply with the rapid changing business weather, such as biotech, green energy, online media, mass communication and healthcare sectors.

The most crucial factors I would like to advocate here are the liquidity and volatility of the stock when you doing day trading. In laymen term, high liquidity means high trading frequency while high volatility equals to high trading price range. Neglect those stock picks with minimum price movement and not catching eye ball of traders.

The other mindset should be embraced is to be persistent in implementing your trading discipline. Choose a sound and good strategy, apply the most important content and stick to the basic for good. I will suggest that you may be flexible to deal with unexpected circumstances, however, do not emotionally or simply alter your strategy, this will cause the disastrous outcome.

Last but not least, even though with the help of advance technology stock trading system or well planned strategy, one must understand that trading in the volatile and highly fluctuating stock market involves certain level of risk. You may minimize it but you are not able to completely get rid of risk taking. My personal advise is that do not involves your personal emergency reserve with day trading. Trade with your extra money and this will also allow you to make bold but accurate decision at critical timing.

You can learn the Day Trading Secret for free or download the trading system that set me free from financial burden from below:

Visit this website: http://www.squidoo.com/Day-Trading-Tips-Secret for more FREE comprehensive knowledge about day trading that will permanently set you free from financial burden!

If you are tired of office life, rat racing for living and those suffocated life style. You should learn the knowledge of stock day trading free or download the trading system that set me free from financial burden here: Be the Winner in Financial Racing!.

The most lucrative and attractive way of earning cash in a short period of time is day trading. Not many people aware that there are some individuals claim it as their full time and professional occupation. Nowadays, many people dreaming of joining the task force to share the benefit of earning fast in the stock market

Article Source: http://EzineArticles.com/?expert=David_Letterman