Non-Professional Stock Traders Beware
Non-professional stock traders are told to leave the intraday stock trading to the professionals. This warning is a protection for the unprepared stock trader but a well prepared (and disciplined) amateur can still win trading stocks by holding very short-term (less than a day) positions in the stock market.
Why Intraday Stock Trading Is Risky
It's a given that high reward brings high risk. There is very high reward from high returns that Intraday trading brings. When the market, or even an individual stock, has a down day often times there are times during the trading day that a profit can be made as stock price(s) dip and recover. Get it right and a trader can win during the day even when the market is down. But get it wrong and an trader could lose intra day even when the market is up. But the trader who is prepared ahead of time for the day's trading can jump on an opportunity when it appears.
Prepared How?
Besides real-time stock trading information something else must be added to the arsenal of the intra day stock trader. We like to refer to it as ahead-of-time analytics. Specific stock trading opportunities based on trading indicators gathered on watch lists ahead of time can be used in conjunction with real-time analytics as the trading day progresses toward the pivot time(s) indicated by the ahead-of-time watch list.
Where Can You Find The Stock Analytics Necessary For Intra day Success?
The internet is a wonder. Expert information on a variety of subjects are found at your finger tips. But to be successful at trading stocks intra day requires actionable information. There are high cost stock trading services that can provide actionable trading information. This website is one stock trading resource that provides specific watch lists based on trading indicators that ensure the stocks listed are volatile enough, have the proper market interest and technical signals for the time(s) indicated.
A daily snippet of a sample from one of our watch lists is provided for free. Use of the stocks with the research that has gone into the ones chosen for our watch lists can help even non-professionals trade stocks intra day with consistent success.