The stock market is no longer a “members” only field game of stockbrokers playing the market. Like so many other industries, the Internet has changed the market and the way we do business. With the click of a button, the average individual now has access to the same information and facts that only stockbrokers were privy to a few years ago. Gone are the days when market traders and specialists had the advantage of profiting from the ignorant public.
With today’s technology, you have the same opportunities as the professionals at your fingertips. The difference, of course, is knowledge and experience, both of which are within your grasp. High-speed access to information, providing real-time quotes and instant online trading has sprung day trading into a new profession of its own. People are realizing that they too can master the concept of day trading and compete professionally in a level-playing field.
Today the only obstacle in the path of a rookie is experience and that can be obtained only through time and practice. Even though nothing can compete with the reality of experience, a good education could help prepare you and that’s the purpose of this book. The fact is there are many possible gains from the market, but there are also just as many losses. These tips will not guarantee you a winning trade every time, but by following our advice, you will keep your losses to a minimum.