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Why daytrading? 

This article is an abstract of the book:
The Complete Guide to Daytrading

Daytrading has many advantages. The electronic revolution has made it possible for everyone to take advantage of even the smallest price fluctuations. Real-time data and order executions are available at lower monthly costs than ever before, and a trader can access the markets from home with a standard personal computer. Because access to the markets is now so easy, daytrading has become a booming business within a few short years, and the number of online accounts is still growing rapidly. According to Gomez Advisors (www.gomez.com), by the end of 1998 the number of online brokerage firms had risen to over a hundred with customer accounts totaling almost 7 million. Gomez predicts that there will be over 17 million accounts by 2002. Online traders already account for about one third of the daily retail transactions on the NASDAQ stock exchange.


Daytrading the stock BEAS

Why is daytrading so interesting? Quite simply because you can make an incredible amount of money in a very short time and the access is easy. Anyone with a computer and an Internet connection can be part of the daytrading revolution. Daytrading is also tempting because it promises freedom, wealth and adventure, and it gives you the feeling that you are doing something exceptional. Daytrading is unique. It offers new and unlimited business potential. Anyone can make a fortune in daytrading; the markets are open to everyone. What other type of business offers you these opportunities? 

As in any business, in Daytrading some will succeed but many will fail. Certainly daytrading promises a great deal, but there are many risks associated with it as well. Access to daytrading is easy, but the trading itself isnít. Itís a brutal business and there is no easy money. You must prepare carefully, you must do your homework, and you must also be aware of all the pitfalls and the most common mistakes. Knowing these will save you a lot of money, but this is only the first step. To be successful in the long term, you must know much more. You must be better than most of the other traders out there.

This book gives you all the information you need. Make sure you read it very carefully all the way through. It will take some time to work through, but donít skip anything. You will need to know all the information it contains. Do all the exercises, go through all examples and demos carefully, and make sure you thoroughly understand everything. If there is something you donít understand, donít hesitate to contact us at [email protected]. Weíll answer your questions as well as we can, as soon as possible. Also, check out our web site at http://www.alert-trading.com. because it contains a lot of useful information as well.

 
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