Added for discussionWe are Professional Day Traders and are looking for people like you, who want to make money with us. Perhaps you've heard all the media hype about day trading, but still don't know exactly what it is. In a nutshell, it's daily, online stock trading with very short investment horizons. The individuals who do this day in and day out are traders, not investors in the traditional sense. Traders therefore are professionals and need Investors to conduct trades and make profits. Day traders scalp the spreads by dealing directly with market makers on the private trading systems called electronic communication networks (ECNs). Some work shoulder-to-shoulder in trading rooms, while others work from their homes or offices. With their eyes glued to computer screens tick-by-tick, day traders may execute over a hundred trades a day.
Day Trading
Day traders buy and sell stocks throughout the day knowing that the price of the stocks will fluctuate in value during the day, allowing them to earn quick profits. A day trader will hold a stock anywhere from a few seconds to a few hours, but will always sell all of those stocks before the close of each day. The day trader will therefore not own any positions at the close of any day. The objective of day trading is to quickly get in and out of any particular stock for a profit.
Swing Traders
The principal difference between day trading and swing trading is that swing traders will normally have a slightly longer time horizon than day traders for holding a position in a stock. Swing trading has the capability of providing higher returns than day trading. However, unlike day traders who liquidate their positions at the end of each day, swing traders assume them overnight.
Position Trading
Position trading is similar to swing trading, but with a longer time horizon. Position traders hold stocks for a time period anywhere from one day to several weeks or months. These traders seek to identify stocks where the technical trends suggest a possible large movement in price is likely to occur, but which may not be fully played out for several weeks or months.
Program Plans
-1.5-2.5% daily for 180 days
-2-3% daily for 100 days
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Day Trade Pros
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10-03-2007, 10:29 AM #1
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