So you want to break into the field of online stock market day trading? Well, I’m here to tell you that in order to be successful you going to need to be able to give your full time to such a venture. You’re not going to be able to do this during your midmorning break and lunch hour at work. Why? Because when you are busy with your “regular” job, market developments may be taking place at a very fast pace — and as a day trader you need to be able to respond to these developments the moment they become known. Waiting even a few minutes can cost you a bundle, so don’t try to do day trading unless you are in a position to be able to monitor the markets constantly.
Why you need to be able to act quickly
May 14th, 2008 | Business