Someone said that he himself performed much better with day trading. Just to be clear, our system has yielded more than 200% over the last two years. He has been doing it for a long time and has beaten the market. I told him I loved it and wished him success when investing with a broker online in Brasil.
A study on day-trading by Brad Barber of the University of California shows that only 1% of day-traders make money to live on. And those who make money should put so much time and energy into it that it becomes a full-time job. So DayTrading is not something you do during your lunch break. I can’t substantiate our reader’s claim, but the statistics contradict him. Don’t wait any longer and invest like a professional with automatic systems.
What Is Day Trading ?
In day trading, a position is held for a short period of time, usually one day. The aim is to make a small profit on each trade so that every little bit becomes a big profit. It is a way of working that suits traders who start and finish their trade on the same day. Day traders are the kind of people who decide to paint their kitchen in one day, even if it means working through to 03:00 at night. Day traders do not like swing trading or position trading. The very idea that a trade is open and can be influenced by price fluctuations gives them sleepless nights.
With the advent of online stock trading and cheap trades, day trading became a realistic option for investors. The ideal was to reap profits every day. Practice turned out differently anyway. Most day traders lose money. A 2010 study by Brad Barber at the University of California shows that only 1% of day traders consistently make money. The study examined the trade over a period of 14 years, from 1992 to 2006.
Why Is It So Difficult?
In the first place, private traders are fighting against the professionals who spend their careers on it. They know the tricks and the pitfalls. They have expensive trading technology, data subscriptions and personal connections. They are perfectly equipped to succeed, and even then they sometimes fail. The professional investors are the whales that the inexperienced private investors eat like fish.
Do not wait any longer and invest like a professional with automatic systems. We have developed a system for you with excellent returns. In addition, emotion plays a major role. Private investors are particularly sensitive to psychological prejudices that make day-trading difficult. They tend to sell winners too early and keep losers too long, what some call “picking flowers and wiping the weeds”. They also suffer from the fear of buying when the prices have fallen. (Source: Commoditytradealert.com)