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Kamis, 18 Maret 2010

Make a Living Day Trading - Why Day Trading is Getting So Popular Part 1

Imagine Waking up in the morning at about nine o'clock, walking to your kitchen, grabbing a cup of tea and something to eat, walk to your computer desk, no rush-hour traffic, no boss breathing down your neck, no office politics. You haven't even changed your nighttime bed clothes, you switch on your computer, and by the end of the day you could make more money than most people make in three months. How many of us would like a job like that?

Well this is the life of most internet day traders. You dictate your own time, and you can stand to make a lot of money. No wonder daytrading has exploded within the last 5 to 6 years. The technology that we have access to and the critical information at the touch of a button make trading online all the more appealing and potentially lucrative.

There are 19 and 20-year-olds sitting around computers trading online and making more in a day than some people make in a year. This phenomenon has been going on for some time, and there are quite a few secret million years that are walk among us.

Day trading contrary to popular belief requires knowledge and skills, with luck playing a very small part. This is not gambling, day trading requires strategic techniques that often times result in profit, and lots of it. You have to ask yourself why is it that some people can make millions of dollars trading online, and others try and end up losing money instead of making money? It all comes down to knowing what to do, and when to do it. A major part of the secret to successfully day trading is having a good idea as to how the system works, and then exploring how to make it work for you.

For over 100 years, the power brokers on Wall Street have been using this system to make millions, and indeed billions at the expense of the general public. But because of the information revolution and free access to information and, high-speed Internet, and real-time software tools that are available, the playing field in a lot of regards are now level. Trading stock is now easier, quicker cheaper, and readily available to anyone with a bank account and an Internet connection.

Emerging from this phenomena is a group of internet day traders who have learned the system, and are using the system to make a killing. Internet day trading is pretty much like any other trading on the planet, it is simply buying and selling stocks using the Internet for a quick profit.

Tim Nelson has been writing articles showing people how to trade successfully online for over 8 years. His latest sites Trundle Bed Frame and Trundle Beds For Kids are not exactly about trading, but it is a helpful resource if you have kids in your life. A Healthy Kid Is A Well Rested Kid.

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

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