The Demo Site

They will examine the charts with all types of tools available to them like Fibonacci ratios, Boxplots, MACD divergencies and Bollinger Bands and likes to draw pretty coloured lines all over the chart to get to a decision to either buy or sell.

Well, i confess that i do use some charts but to too much over analysing charts.

Day Trader means Buying and Selling shares in a short period of time. These day traders take many small profits but many people also lose at the same time. And that's a reality, but Mr Day Trader will boast he has made many, hmmm.... let them. Day Trading is hard, it takes a lot of time and energy into research and is very stressing. On top of all of that with the commissions and spreads on the trade its difficult to earn much each day as a sustainable income.

These type of investors like to invest in safe companies, such as major supermarkets as people do need to shop for groceries, major energy companies as people need to get petrol for vehicles. In my opinion in the long run they do end up with a good return, well better than it would be in the bank. But remember that he is not losing much and not stressing every day and going on with his life. However, you do need to jump and take a little bit of risk.

Its getting late now so will comtinue with this post on my next blog....