FXOpen Broker

10+ years’
experience in FX


Trading Accounts

Micro, Crypto


Free Demo

Practice Forex trading
risk free


PAMM Technology

Become a Master
or a Follower

Results 1 to 2 of 2

Thread: Why People Choose Day Trading?

  1. #1
    In Profit
    Join Date
    Jun 2007
    Thanked 0 Times in 0 Posts

    Default Why People Choose Day Trading?

    In this article I want you become more familiar with Day Trading thoughts. At first, what is Day Trading? "Day trading" means that a trader tries to make money buying and selling stocks during the day taking advantage of the daily price movement. Day traders end the day flat (with no open positions).

    It is commonly stated that 80-90% of day traders lose money. Also price movements in a day are few, so why people trade only in a day? What are advantages of being a day trader?

    Advantages of Day Trading

    Less Stress (Zero Overnight Risk)

    To avoid the risk of price gaps (differences between the previous day's close and the next day's open price) day traders close all their positions at the end of a trading day. Because of this, day trading is less stressful than holding stocks overnight. After market closed you are not worried what will happen until tomorrow and what news will distribute. You never 'lost sleep'; in the morning have a nice feeling because you don't care what the market's doing at the open.

    Cheaper Commission

    One thing that makes day trading potentially profitable is commission structure. Day traders pay 'per share' instead of 'per trade' structure . If you pay about $10 per trade now when you become a day trader, you may pay about $0.01 per share.

    Increased Leverage

    Day traders could have 4 times their equity as intraday buying power. This great margin can increase your profits if used wisely. This increased leverage makes day trading very risky, especially if one has poor discipline, risk or money management.

    Profit in any market direction

    Day trading often will utilize short-selling to take advantage of declining stock prices. The ability to lock in profits even as markets fall throughout the trading day is extremely useful during bear market conditions

  2. #2
    Intraday Master
    Join Date
    Jun 2007
    Thanked 1 Time in 1 Post


    But they do really need a sharp analysis skill to be a profitable intra-day trader..
    Visit 0.90 Pip Rebate Here
    Forex Rebates, Promotions, and $$$ BONUS!!
    Click Here!



Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
2005-2020 © FXOpen All rights reserved. Various trademarks held by their respective owners.

Risk Warning: Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgment as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors.

FXOpen Markets Limited, a company duly registered in Nevis under the company No. C 42235. FXOpen is a member of The Financial Commission.

FXOpen AU Pty Ltd., a company authorised and regulated by the Australian Securities & Investments Commission (ASIC). AFSL 412871ABN 61 143 678 719.

FXOpen Ltd. a company registered in England and Wales under company number 07273392 and is authorised and regulated by the Financial Conduct Authority (previously, the Financial Services Authority) under FCA firm reference number 579202.

FXOpen does not provide services for United States residents.

Join us