Читать книгу The Guts and Glory of Day Trading - Mark Ingebretsen - Страница 11

Who’s a day trader?

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Are they all, in fact, day traders? Probably not, at least in the strictest sense. By most definitions, a day trader is a person who buys and sells stocks over the course of day. Just before the markets close, except in rare instances, day traders sell off everything they own and revert their accounts to cash – the better to sleep at night, since market-wrenching events can occur at any time around the world.

This book utilizes a somewhat broader definition of day trading. A day trader, for the purposes of this book, is someone who closely follows the market each and every day. All of the 12 traders fit this profile. For several hours each day you’ll find them in front of their monitors. (Some watch as many as eight monitors!). A few track the markets from the moment they wake up until the moment they fall asleep, still holding a chart or the latest research report on some high-flying company. In fact, nearly all the traders I spoke with claim they lose their edge when they stay away from the markets for too long. Nevertheless, several traders do manage to hold down demanding day jobs and still make good money in the markets. Their examples prove you don’t have to quit your day job and withdraw from the world to become a successful day trader. And they can teach newcomers plenty about how these individuals juggle the demands of family and jobs with trading.

The Guts and Glory of Day Trading

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