Stock Market Day Trading System
A day trader is an stock trader who holds the position with a stock for the very limited time - sometimes just a couple of minutes - before he makes the trade with this stock. Individuals who practice the so-called day trading, as most of the positions were open & closed in same day trading. "Buy and hold" methods are not for them.
Day trading is controversial to mention the least, and the fact is that over 90% of the day traders lose cash instead of doing so. The standard day trader is considered to be a little more than one player in the casino. Yet, as everyone knows, there are several players who are experts - and millionaires. They must understand something that few other players understand. If a day trader must be successful, too, should understand something that few others understand.
Day traders suffer from market timing. With market timing, the investor attempts to predict the future direction of market. Economic data, including technical indicators, and even investment & financial news, can be utilized to assist the trader determine what stock positions to make (short or long) when to sell or purchase. However, many investors who believe that it's impossible to time the market. You will discover simply too many variables, they say, and if you will find underlying trends of stock market timing, they are too complex and subject to too much "noise" for anyone to know. Obviously, you will discover day traders who disagree with that - but again, it is the truth that over 90% of those losing cash rather than making cash.
There are lots of risks with the timing of active day trading. Risk of timing is the margin of the error which takes a day trader on when he/she purchases in the position that he/she won't move to the right (or has not already made the best choice based on the stock cost at the time of purchase) to take benefit as often as possible on last movement of market. Analysis of the market risk comes from the old adage which it's better to own "time the market" when compared to "try timing the market". The proof is that most of the institutional fund managers can not do better than a simple index fund which stick to a time-in-market strategy of the buy and hold.
Despite the deck being stacked against them, the day traders still try to create their fortune on their way. Most are losing money ... however they feel something will probably be true: if the stock market is able to be timed properly, they may make the killing. It's all regarding how to find time. If they might do, they might have the special knowledge which we mentioned above. But is it possible?
It's possible which when they utilize a special tool - the day trading robot. These artificial intelligence (AI) programs have been around for investment in world, since before the Internet. They have become much more advanced in almost 20 years, and the Internet made it possible for them to be used by many more individuals. Institutional fund managers have used robots to help day trading for a few years, & managers who create the best use of them are among the most successful.
These AI programs might learn from the past mistakes of stock market timing, as well as analysis of stock charts as well as other market data. They learn just like the human trader, with the exception, since they do not have to sleep or eat or have no other distractions or things to think they could learn much, even more rapidly and perhaps with more depth. Like a trader, you can program your robot with your favorite trading approach parameters, and the program would learn & give you feedback on how they do over a time period so you can make adjustments to the program if you want.
Day trading robots were moving quicker than a human can usually be. They utilize the electronic trading platform that permits them to place orders instantly, therefore that the loss due to lag order is minimized.
Thus for day trader, day trading robot is indispensable. There is no reason to do this type of stock trading without the help of utmost importance of AI. However with it, make a fortune in day trading is possible.
Day trading is controversial to mention the least, and the fact is that over 90% of the day traders lose cash instead of doing so. The standard day trader is considered to be a little more than one player in the casino. Yet, as everyone knows, there are several players who are experts - and millionaires. They must understand something that few other players understand. If a day trader must be successful, too, should understand something that few others understand.
Day traders suffer from market timing. With market timing, the investor attempts to predict the future direction of market. Economic data, including technical indicators, and even investment & financial news, can be utilized to assist the trader determine what stock positions to make (short or long) when to sell or purchase. However, many investors who believe that it's impossible to time the market. You will discover simply too many variables, they say, and if you will find underlying trends of stock market timing, they are too complex and subject to too much "noise" for anyone to know. Obviously, you will discover day traders who disagree with that - but again, it is the truth that over 90% of those losing cash rather than making cash.
There are lots of risks with the timing of active day trading. Risk of timing is the margin of the error which takes a day trader on when he/she purchases in the position that he/she won't move to the right (or has not already made the best choice based on the stock cost at the time of purchase) to take benefit as often as possible on last movement of market. Analysis of the market risk comes from the old adage which it's better to own "time the market" when compared to "try timing the market". The proof is that most of the institutional fund managers can not do better than a simple index fund which stick to a time-in-market strategy of the buy and hold.
Despite the deck being stacked against them, the day traders still try to create their fortune on their way. Most are losing money ... however they feel something will probably be true: if the stock market is able to be timed properly, they may make the killing. It's all regarding how to find time. If they might do, they might have the special knowledge which we mentioned above. But is it possible?
It's possible which when they utilize a special tool - the day trading robot. These artificial intelligence (AI) programs have been around for investment in world, since before the Internet. They have become much more advanced in almost 20 years, and the Internet made it possible for them to be used by many more individuals. Institutional fund managers have used robots to help day trading for a few years, & managers who create the best use of them are among the most successful.
These AI programs might learn from the past mistakes of stock market timing, as well as analysis of stock charts as well as other market data. They learn just like the human trader, with the exception, since they do not have to sleep or eat or have no other distractions or things to think they could learn much, even more rapidly and perhaps with more depth. Like a trader, you can program your robot with your favorite trading approach parameters, and the program would learn & give you feedback on how they do over a time period so you can make adjustments to the program if you want.
Day trading robots were moving quicker than a human can usually be. They utilize the electronic trading platform that permits them to place orders instantly, therefore that the loss due to lag order is minimized.
Thus for day trader, day trading robot is indispensable. There is no reason to do this type of stock trading without the help of utmost importance of AI. However with it, make a fortune in day trading is possible.
