| As a stock trader it is already a well established fact | | | | experience, these are still at a minimal. But day |
| that the stock market is a risky business, whereby | | | | trading is like the X-GAMES, Dave Mirra kind of thing, |
| you can gain the world or lose the shirt on your back. | | | | an all or nothing adrenaline rush than either brings you |
| This of course being the two extremes, but if you | | | | success and fame, or broken bones and a hospital |
| spoke to any stock market broker or investor/trader | | | | bed strung up like a mummy. |
| they will tell you that there job sometimes comes | | | | There is however some hope in form of getting |
| done to nothing but risk management, minimizing as | | | | yourself educated. Know the rules of the day, |
| must lost as possible on the stocks owned by their | | | | because these govern things simple as the minimal |
| clients. | | | | equity requirements. Could you imagine being all |
| Well you might ask why I am being so dismal thus | | | | pumped up for the trade, then to find out you do |
| far well the topic of starting day trading is the most | | | | not have the fundamental requirements such as the |
| risky type of stock trading there is. Because | | | | equity needed? Any slight changes made to the rules |
| everything takes place in one day, there is no | | | | that causes the slightest effect is a need to know |
| possible way to get a feel of the trade, it's all or | | | | since this can have a major effect on your trade at |
| nothing. Even worst so, the rules governing the trade | | | | the end of the day. What you have to remember is |
| change just as quickly, what is right and justifiable in | | | | that a simple violation can end you up in court and as |
| today's trade is a violation the next, if you are | | | | you well know ignorance is no excuse in the court of |
| getting my gist. And considered the amount of funds | | | | law. Also now things like what to do if there is day |
| being laid done on the table here, this is not to be | | | | trading "call" on your account. This by the way is |
| taken lightly, at all. | | | | when you exceed your buying power on a given day. |
| Day trading is the ultimate short term trading. Long | | | | In conclusion if you are like an X-GAMER and like the |
| term trading is like riding you bicycle without you | | | | rush and the thrill of day trading, go ahead and do |
| helmet, and protective pads, yes there are risks | | | | your thing but always make sure that you are well |
| involved but they are minimal, a bruise here or there. | | | | educated with the rules. I could mean as stated |
| Short term training is like mountain biking on rugged | | | | previously the world or your shirt or steel bars for a |
| terrain, the risks are much higher but with | | | | door. You pick. |