Day Trading Explained: Common Misconceptions and its Definition
Saturday, June 12th, 2010You might have heard the term “Day Trading” but does not understand the meaning. Or maybe a profession called as “Day Trader” such as job of Micah in the movie “Paranormal Activity”. These jobs are not very common and is sometimes confused with the following terms:
a.) Stock trader
b.) Investor
c.) Entrepreneur
d.) Businessman
As a definition, a day trader is someone who:
1.) Trade either stocks or futures in a daily basis.
2.) Mostly work at home or maybe hired to do the job.
3.) Make a living out of trading profits.
So lets back with the common misconceptions:
1.) Does a day trader a stock trader? The answer is yes, (more…)
