The explosive growth of low cost of online trading has created a new class of investor who can now make a decent living by trading stocks online (over the internet).  This is a field which was only reserved for  Wall Street’s most powerfull brokerage firms and investment banks.  The advance in technology has made it possible for any body with a broadband connection to trade stock online easily.

Day trading can be quite lucrative, but only if you know what you are doing.  The key to day trading is to trade only when the odds are in your favour. Profits are awarded to only those who acts very quickly. There is no margin for error. No profits, no paycheck.

Day traders are not investors, they are traders. In fact, day traders may not even know the  names  or lines of business of the companies they are trading. Typical day tradrs are concerned about only the nest five minutes.  Every trade you make has to be precise, well calculated move. The goal: to get in, to make a profit, and to get out, as quicklyand as safely as possible. Day traders serve one and only one function: They are middlemen in the buying and selling of stocks.  They are not worried about detauls of the stock they are trading.

Good day traders can make literally tens of thousands of dollars in a single day.  But any time you can make that kind of money, there is also a chance, however slight,  that you can also lose that kind of money.