What is Day trading, how do you day trade?

Day trading is a trading strategy which revolves around the opening and closing positions within a single day. Day trading usually requires large amounts of leverage and uses very short term strategies to profit off small movements in asset prices.

2 of the most common forms of day trading are:

• Spread betting
• Forex trading

Day traders usually follow one of 4 strategies:

• Scalping - massive leverage on tiny fluctuations, very frequently
• Range Trading - determining what levels an asset trades between, and selling at the top and buying at the bottom
• Trend Following - buy when the market is going up, sell when the market is going down
• Event Driven - trading based upon global events which drive markets

Day Trading explained by Investingport staff. 

Day trading can be rewarding if the person is lucky, but it's very risky and the majority of people lose money while day trading.  This happens because of the cost of buying selling daily, tax obligations unexpected occurrences that may drop the value of stocks.  

We suggest that individual investors know their risk tolerance before starting to day trade. Fast money is not easy to make.  

For those who still want to learn how to day trade. We have some helpful videos below. 

And if you want to learn how to invest the right way. Please watch the video below.