Trading Start Small and Build with Success

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Day Trading Tips for Beginners

Image by Brianna Gilmartin © The Balance 2020

Like starting any career, there is a lot to learn when you’re a day trading beginner. Here are some tips to steer you in the right direction as you start your journey. These tips will get you set up with the proper equipment and software, help you decide what to trade and when to trade, show you how much capital you need, how to manage risk, and how to practice a trading strategy effectively.

Picking a Day Trading Market

As a beginner day trader, you may already have a market in mind that you want to trade. A pattern day trader executes four or more “day trades” within five business days. 

Stocks are the shares of the companies, such as Walmart (WMT) and Apple (AAPL). In the forex market, you’re trading currencies, such as the euro and U.S. dollar (EUR/USD). There is a wide assortment of futures available to trade, and futures are often based on commodities or indexes.   In the futures market, you could trade crude oil, gold or S&P 500 movements.

One market isn’t better than another. It comes down to what you want to trade, and what you can afford. The forex market requires the least capital to day trade. You can get started with as little as $50, although starting with more is recommended.   Trading certain futures markets may only require $1,000 to get started.

Stocks require at least $25,000 to day trade, making them a more capital-intensive option.   While more capital is required to day trade stocks, that doesn’t make it a better or worse market than the others. But if you don’t have $25,000 to trade (and can’t maintain your account above $25,000), then stocks likely aren’t the best day trading market for you. If you have more than $25,000, then stocks are a viable day trading market.

All markets offer excellent profit potential. Therefore it often comes down to how much capital you need to get started. Pick a market, that way you can start focusing your education on that market, and not wasting your time learning things about other markets which may not be of help in your chosen market.

Don’t try to master all markets at once. This will divide your attention and making money may take longer. Once you learn to make money in one market, it is easier to adapt to learn other markets. So, be patient. You don’t need to learn all markets at once. You can learn other markets later if you desire.

Equipment and Software for Day Trading Beginners

To day trade you need a few basic tools:

  • A computer or laptop: Having two monitors is preferable, but not required. The computer should have enough memory and a fast enough processor that when you run your trading program (discussed later) there is no lagging or crashes. You don’t need a top-of-the-line computer, but you don’t want to cheap out either. Software and computers are constantly changing, so make sure your computer is keeping up with the times. A slow computer can be costly when day trading, especially if it crashes while you are in trades, causes you to miss trades, or its slowness causes you to get stuck in trades.
  • A reliable and relatively quick internet connection: Day traders should be using at least a Cable or ADSL type internet connection. Speeds vary across these types of services, so strive for at least a mid-range internet package. The slowest speed offered by your internet provider may do the job, but if you have multiple web pages and applications running (that use the internet), then you may notice your trading platform isn’t updating as quickly as it should, and that can cause problems (see above). Start with a mid-range internet package, and try it out. You can always adjust your internet speed later if needed. If your internet goes down a lot, that’s a problem. See if there is a more reliable internet provider. Day trading isn’t recommended with a sporadic internet connection.
  • A trading platform suited to your market and style of day trading: When you are just starting, finding the perfect platform isn’t your goal. Download several trading platforms and try them out. Since you are a beginner, you won’t have a well-developed trading style yet. Therefore, your trading platform may occasionally change throughout your career, or you may alter how it is set up to accommodate your trading progress. NinaTrader is a popular day trading platform for futures and forex traders. There are loads of stock trading platforms. Ultimately, try out a few that your broker offers and see which you like best.
  • A broker: Your broker facilitates your trades, and in exchange charges you a commission or fee on your trades. Day traders want to focus on low-fee brokers since high commission costs can ruin the profitability of a day trading strategy. That said, the lowest fee broker isn’t always best. You want a broker that will be there to provide support if you have an issue. A few cents extra on a commission is worth it if the company can save you hundreds or thousands of dollars when you have a computer meltdown and can’t get out of your trades. Major banks, while they offer trading accounts, typically aren’t the best option for day traders. Fees are typically higher at major banks, and smaller brokers will typically offer more customizable fee and commission structures to day traders.

When to Day Trade

As a day trader, both as a beginner and a pro, your life is centered around consistency. One way to generate consistency is to trade during the same hours each day.

While some day traders trade for a whole regular session (9:30 a.m. to 4 p.m. EST, for example, for the US stock market), most only trade for a portion of the day. Trading only two to three hours per day is quite common among day traders. Here are the hours you’ll want to focus on.

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  • For stocks, the best time for day trading is the first one to two hours after the open, and the last hour before the close. 9:30 a.m. to 11:30 a.m. EST is a two-hour period you want to get good at trading. This is the most volatile time of the day, offering the biggest price moves and most profit potential. The last hour of the day, 3 p.m. to 4 p.m. EST is also typically a good time for trading, as some sizable moves occur then, too. If you only want to trade for an hour or two, trade the morning session.
  • For day trading futures, around the open is a great time to day trade. Active futures see some trading activity around the clock, so good day trading opportunities typically start a bit earlier than in the stock market. If day trading futures focus on trading between 8:30 a.m. and 11 a.m. EST. Futures markets have official closes at different times, but the last hour of trading in a futures contract also typically offers sizable moves for day traders to capitalize on.
  • The forex market trades 24-hours a day during the week. The EURUSD is the most popular day trading pair. This currency pair typically records greater trading volumes between 1 A.M. and 12 P.M. EST. During these hours the London markets are open. Day traders should trade within these hours. The hours from 7 A.M. to 10 A.M. EST typically produce the biggest price moves because both the London and New York markets are both open, so this is a very popular and active time for day traders.
  • As a day trader, you don’t need to trade all day. You will probably find more consistency by only trading two to three hours a day. 

Manage Your Day Trading Risk

You’ve picked a market, have equipment and software setup, and sometimes know what is good for day trading. Before you even start thinking about trading, you need to know how to control risk. Day traders should control risk in two ways: trade risk and daily risk.

  • Trade risk is how much you are willing to risk on each trade. Ideally, risk 1% or less of your capital on each trade. This is accomplished by picking an entry point and then setting a stop loss, which will get you out of the trade if starts going too much against you. The risk is also affected by how big of a position you take, therefore, learn to how to calculate the proper position size for stocks, forex, or futures. Factoring your position size, your entry price, and your stop loss price, no single trade should expose you to more than a 1% loss in capital. 
  • Also, control your daily risk. Just as you don’t want a single trade to cause a lot of damage to your account (hence the 1% rule), you also don’t want one day to ruin your week or month. Therefore, set a daily loss limit. One possibility is to set it at 3% of your capital. If you are risking 1% or less on each trade, you would need to lose three trades or more (with no winners) to lose 3%. With a sound strategy, that shouldn’t happen very often. Once you hit your daily cap, stop trading for the day. Once you are consistently profitable, set your daily loss limit equal to your average winning day. For example, if you typically make $500 on winning days, then you are allowed to lose $500 on losing days. If you lose more than that, stop trading. The logic is that we want to keep daily losses small so that the loss can be easily recouped by a typical winning day. 

Practicing Strategies For Day Trading Beginners

When you start, don’t try to learn everything about trading at once. You don’t need to know it all. As a day trader, you only need one strategy that you implement over again and again.

A day trader’s job is to find a repeating pattern (or that repeats enough to make a profit) and then exploit it.

You don’t need a college degree or professional designation, nor do you need to read through hundreds of books, to do that.

Find one strategy that provides a method for entry, setting a stop loss and taking profits. Then, go to work on implementing that strategy in a demo account.

For forex and futures traders, one of the best ways to practice is using the NinjaTrader Replay feature, which lets you trade historical days as if you were trading in real time.

This means you can practice all day if you want, even when the market is closed.

No matter which market you trade, open a demo account and start practicing your strategy. Knowing a strategy isn’t the same as being able to implement it. No two days are the same in the markets, so it takes practice to be able to see the trade setups and be able to execute the trades without hesitation. Practice for at least three months before trading real capital. Only when you have at least three months in a row of profitable demo performance should you switch to live trading.

Stay focused on that single strategy, and only trading the market you picked, only during the time you have chosen to trade.

From Demo to Live Trading

Most traders notice a deterioration in performance from when they switch from demo trading to live trading.   Demo trading is a good practice ground for determining if a strategy is viable, but it can’t mimic the actual market precisely, nor does it create the emotional turmoil many traders face when they put real money on the line.

Therefore, if you notice that your trading isn’t going very well when you start to live (compared to the demo), know that this is natural.

Start with the smallest position size possible when you first begin live trading, as this helps alleviate some anxiety of losing large amounts of money.

As you become more comfortable trading real money, increase your position size up to the 1% threshold discussed above. Also, continually bring your focus back to what you have practiced and implementing your strategies precisely. Focusing on precision and implementation will help dilute some of the strong emotions that may negatively affect your trading.

Bottom Line

Pick a market you are interested in and can afford to trade. Then, set yourself up with the right equipment and software. Choose a time of day that you will day trade, and only trade during that time; typically the best day trading times are around major market openings and closings.

Manage your risk, on each trade and each day. Then, practice a strategy over and over again. You don’t need to know everything to trade profitability. You need to be able to implement one strategy that makes money.

Focus on winning with one strategy before attempting to learn others. Hone your skills in a demo account, but realize that it is not exactly like real trading. When you switch to trading with real capital, a bumpy ride is common for several months. Focus on precision and implementation to steady your nerves.

Top 10 Rules For Successful Trading

Anyone who wants to become a profitable stock trader need only spend a few minutes online to find such phrases as “plan your trade; trade your plan” and “keep your losses to a minimum.” For new traders, these tidbits can seem more like a distraction than actionable advice. If you’re new to trading, you probably just want to know how to hurry up and make money.

Each of the rules below is important, but when they work together the effects are strong. Keeping them in mind can greatly increase your odds of succeeding in the markets.

Key Takeaways

  • Treat trading like a business, not a hobby or a job.
  • Learn everything about the business.
  • Set realistic expectations for your business.

Rule 1: Always Use a Trading Plan

A trading plan is a written set of rules that specifies a trader’s entry, exit and money management criteria for every purchase.

With today’s technology, it is easy to test a trading idea before risking real money. Known as backtesting, this practice allows you to apply your trading idea using historical data and determine if it is viable. Once a plan has been developed and backtesting shows good results, the plan can be used in real trading.

Sometimes your trading plan won’t work. Bail out of it and start over.

The key here is to stick to the plan. Taking trades outside of the trading plan, even if they turn out to be winners, is considered poor strategy.

Jack Schwager: Investopedia Profile

Rule 2: Treat Trading Like a Business

To be successful, you must approach trading as a full- or part-time business, not as a hobby or a job.

If it’s approached as a hobby, there is no real commitment to learning. If it’s a job, it can be frustrating because there is no regular paycheck.

Trading is a business and incurs expenses, losses, taxes, uncertainty, stress, and risk. As a trader, you are essentially a small business owner and you must research and strategize to maximize your business’s potential.

Rule 3: Use Technology to Your Advantage

Trading is a competitive business. It’s safe to assume that the person sitting on the other side of a trade is taking full advantage of all of the available technology.

Charting platforms give traders an infinite variety of ways to view and analyze the markets. Backtesting an idea using historical data prevents costly missteps. Getting market updates via smartphone allows us to monitor trades anywhere. Technology that we take for granted, like a high-speed internet connection, can greatly increase trading performance.

Using technology to your advantage, and keeping current with new products, can be fun and rewarding in trading.

Rule 4: Protect Your Trading Capital

Saving enough money to fund a trading account takes a great deal of time and effort. It can be even more difficult if you have to do it twice.

It is important to note that protecting your trading capital is not synonymous with never experiencing a losing trade. All traders have losing trades. Protecting capital entails not taking unnecessary risks and doing everything you can to preserve your trading business.

Rule 5: Become a Student of the Markets

Think of it as continuing education. Traders need to remain focused on learning more each day. It is important to remember that understanding the markets, and all of their intricacies, is an ongoing, lifelong process.

Hard research allows traders to understand the facts, like what the different economic reports mean. Focus and observation allow traders to sharpen their instincts and learn the nuances.

World politics, news events, economic trends—even the weather—all have an impact on the markets. The market environment is dynamic. The more traders understand the past and current markets, the better prepared they are to face the future.

Rule 6: Risk Only What You Can Afford to Lose

Before you start using real cash, make sure that all of the money in that trading account is truly expendable. If it’s not, the trader should keep saving until it is.

Money in a trading account should not be allocated for the kids’ college tuition or paying the mortgage. Traders must never allow themselves to think they are simply borrowing money from these other important obligations.

Losing money is traumatic enough. It is even more so if it is capital that should have never been risked in the first place.

Rule 7: Develop a Methodology Based on Facts

Taking the time to develop a sound trading methodology is worth the effort. It may be tempting to believe in the “so easy it’s like printing money” trading scams that are prevalent on the internet. But facts, not emotions or hope, should be the inspiration behind developing a trading plan.

Traders who are not in a hurry to learn typically have an easier time sifting through all of the information available on the internet. Consider this: if you were to start a new career, more than likely you would need to study at a college or university for at least a year or two before you were qualified to even apply for a position in the new field. Learning how to trade demands at least the same amount of time and fact-driven research and study.

Rule 8: Always Use a Stop Loss

A stop loss is a predetermined amount of risk that a trader is willing to accept with each trade. The stop loss can be a dollar amount or percentage, but either way, it limits the trader’s exposure during a trade. Using a stop loss can take some of the stress out of trading since we know that we will only lose X amount on any given trade.

Not having a stop loss is bad practice, even if it leads to a winning trade. Exiting with a stop loss, and therefore having a losing trade, is still good trading if it falls within the trading plan’s rules.

The ideal is to exit all trades with a profit, but that is not realistic. Using a protective stop loss helps ensure that losses and risks are limited.

Rule 9: Know When to Stop Trading

There are two reasons to stop trading: an ineffective trading plan, and an ineffective trader.

An ineffective trading plan shows much greater losses than were anticipated in historical testing. That happens. Markets may have changed, or volatility may have lessened. For whatever reason, the trading plan simply is not performing as expected.

Stay unemotional and businesslike. It’s time to reevaluate the trading plan and make a few changes or to start over with a new trading plan.

An unsuccessful trading plan is a problem that needs to be solved. It is not necessarily the end of the trading business.

An ineffective trader is one who makes a trading plan but is unable to follow it. External stress, poor habits, and lack of physical activity can all contribute to this problem. A trader who is not in peak condition for trading should consider taking a break. After any difficulties and challenges have been dealt with, the trader can return to business.

Rule 10: Keep Trading in Perspective

Stay focused on the big picture when trading. A losing trade should not surprise us; It’s a part of trading. A winning trade is just one step along the path to a profitable business. It is the cumulative profits that make a difference.

Once a trader accepts wins and losses as part of the business, emotions will have less of an effect on trading performance. That is not to say that we cannot be excited about a particularly fruitful trade, but we must keep in mind that a losing trade is never far off.

Setting realistic goals is an essential part of keeping trading in perspective. Your business should earn a reasonable return in a reasonable amount of time. If you expect to be a multi-millionaire by Tuesday, you’re setting yourself up for failure.

Conclusion

Understanding the importance of each of these trading rules, and how they work together, can help a trader establish a viable trading business. Trading is hard work, and traders who have the discipline and patience to follow these rules can increase their odds of success in a very competitive arena.

How to Day Trade: 5 Steps to Day Trading Success

Day trading has been a dream job for millions of people from around the world ever since electronic trading became accessible to the general public. This enthusiasm for day trading has only grown with people’s increasing desire to direct their own investing and the growing popularity of cryptocurrencies.

Retail brokers have met this growing demand by making it ever easier and cheaper for average people to start trading for themselves, and there are now few barriers left to keep people from trying their hand at day trading.

So what do you do when you want to take control of your finances and your life, but you don’t know where to start? Where do you go when you want to learn how to day trade, but you aren’t even sure if it is the right path for you?

Here is a brief beginner’s guide to day trading, so you can figure out if a career in day trading is the right path for you, and then take your first few steps toward the wealth and freedom that you have always dreamed of.

What Is Day Trading?

Day trading represents a broad range of trading strategies that generally see positions open and close within one trading session.

This can be a few hours for some day trading strategies or a few seconds for others, but the general idea is that day trading strategies are a direct contrast to most traditional investment strategies that approach the market from a perspective of months or even years.

This focus on short term profits means that day trading strategies differ from traditional investment strategies in terms of everything from basic ethos to the analytical tools employed.

While day traders and traditional investors are ultimately looking at the same information, they have widely divergent perspectives on what they see and equally different views on the best way to profit from it.

Getting Started

Once you have gathered some background knowledge and decided on the general approach to day trading that seems most appropriate for you, you will need to take the first few steps in your day trading career.

Here are the most important points to remember according to the many successful day traders who have already walked this path from beginner to master.

Trade What You Know

The market is full of thousands of opportunities each day, but you only need to catch a few of them. Do not spend your time jumping between different assets and strategies. Pick a small area of the market that you understand and stick to it until it is mastered.

Practice Makes Perfect

Before you start trading with actual money, use a trading simulator to get a feel for the real-time experience. As good as your trading strategy may be, a large part of successful day trading is learning to master your own emotions and develop a rigid discipline, which can only be accomplished with practice.

When you are ready to begin trading with real money, start small and build slowly alongside your success and confidence.

Keep Cool

The biggest mistake that novice day traders make is getting too excited and making poorly-considered trades.

Just because your strategy is working doesn’t mean that you can suddenly predict every market move. Nor does a run of bad luck mean that you need to get angry and start making increasingly dangerous trades to win your money back.

Always approach every single trade with a calm and rational mind. When you feel this sense of cool begin to slip, step away from the computer until you’re ready to trade rationally again.

Day Trading Strategies

There are as many different day trading strategies as there are day traders, but most of them tend to fall into a few major categories. Our favorites are momentum and swing trading.

Momentum Trading Strategy

Momentum or trend strategies attempt to identify upward or downward price trends in their early stages, and take a quick profit from these steady price changes.

These strategies have become increasingly popular under the growing influence of algorithmic trading and quantitative easing on the markets, both of which tend to encourage less volatility in the extreme short term that day traders favor.

Swing Trading Strategy

Swing trading is based on the belief that price action follows certain familiar patterns that are recognizable to experienced day traders. As a price moves from point A to point B, it will present various opportunities to make reliable forecasts, which day traders can exploit for profit.

Swing traders rely on technical analysis to identify the pattern that the price action is following, and then forecast upcoming price changes.

5 Techniques to Master as you Learn How to Day Trade

1) How to pick the right stocks (out of the thousands of stocks you could trade, there are only 5-10 that are worth trading each day). We cover this extensively in our Day Trading Courses, but we also offer daily watch list building from 9am-9:30 each morning.

2) How to Manage Risk. Do you know what profit loss ratio and what % of success you need to be profitable? If you read my 8 Steps to Making $200/day you will see how I establish profit loss ratios and accuracy requirements.

3) How to Identify charts with home run potential. Finding the gaps & the triggers. This all comes back to the Daily Chart, the News Catalyst, and the Float of the stock.

4) Trading Bull Flags. How to find intraday chart patterns like Bull Flags & Flat Top Breakouts in REALTIME. Check out my videos here on How to Day Trade Bull Flags.

5) How to use Level 2. Using Level 2 you can gain an advantage over other traders. We spend hours covering this in the day trading course. Just by watching the Level 2 and reading the tape you can begin to anticipate which direction a stock will go.

How to Day Trade a Small Account

I wanted to see how much I could grow a $1k account in 1 month. In 4 weeks of trading, I made over $7653.16 in profits, ending with an $8653.16 account balance (Oh, and I verified all the trades in my Suretrader Account, see the video below).

This was a return of over 750% in just 1 month! This was a big accomplishment for me, and proved that I still know how to day trade a tiny account.

This challenge also serves as an example all of our beginner traders can aspire to. Learning how to day trade is hard, but a 750% gain in 1 month is the potential rewards of hard work.

Every trade I took was called out in our Day Trading Chat Room in real-time, allowing students to follow along during my challenge. I only traded 3 strategies during the challenge, as discussed in the video, and as outlined here on my Day Trading Strategies info page.

Extended over 1 year of trading, this would be over $90,000 in profits from a starting balance of just $1,000. You don’t need a big account to make a living as a trader. It all comes down to education and discipline.

Final Thoughts

Over 90% of traders who try will fail. It is not because they aren’t trying hard. It is because they lack the proper training to profit from the market. You can’t jump into the market blind and expect to come out on top. We provide Online Day Trading Courses for our students. Our goal is to teach you the day trading strategies that I use everyday to profit from the market.

This includes the Gap and Go Strategy, the Momentum Trading Strategy, and the Reversal Trading Strategy. In the last round of day trade courses, we asked our students to complete a simple survey.

We found that less than 25% were profitable BEFORE taking the course, and over 80% were profitable AFTER taking the course. Check out our survey here. If you think you have what it takes to be among the 10% who will profit from the market this year, we’re ready to start teaching you everything you’ll need to know.

Download an Excel sheet containing Hot Key Scripts. You can use these as templates or as a guide. Copy-of-HotKeyScripts-2020

Testimonials

Before I started trading, I would make $1000 in 2 weeks. Now after taking the warrior trading course, I can make that in a single day, at 26, I now own my own house and I am fully independent, thank you warrior trading for everything you have done for me, my future looks brighter than ever!

Max

I had a job I didn’t really like and I was forced to live five thousand miles away from my home Country. After joining Warrior Trading, I can trade from anywhere and my income is more than doubled. Thanks to this community, it now feels like I’ve been given the keys to absolute freedom.

Roberto

After 3 years of trading as a student my portfolio has net more than $230k. For year 2020, in less than 6 months I’ve net more than 140k. With Warrior Trading’s mentorship and my investment knowledge prior to coming on-board, I developed my own short term swing trading strategy.

Drew

On January 24th 2020 I started with $690 in my account. In March I made $4,433.89 and by April, my account was up 1,000%. I’d made $6,900 in 42 trading days.

Petr

I think trading is the only place in life where I can say I am totally responsible for my outcomes. That’s huge in a world where previously waiting on someone else to make decisions about my income felt like a prison. I now have full autonomy.

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Warrior Trading, PO Box 330, Great Barrington, MA 01230
1-530-723-5499

If you do not agree with any term of provision of our Terms and Conditions you should not use our Site, Services, Content or Information. Please be advised that your continued use of the Site, Services, Content, or Information provided shall indicate your consent and agreement to our Terms and Conditions.

Warrior Trading may publish testimonials or descriptions of past performance but these results are NOT typical, are not indicative of future results or performance, and are not intended to be a representation, warranty or guarantee that similar results will be obtained by you.

Ross Cameron’s experience with trading is not typical, nor is the experience of students featured in testimonials. They are experienced traders. Becoming an experienced trader takes hard work, dedication and a significant amount of time.

Your results may differ materially from those expressed or utilized by Warrior Trading due to a number of factors. We do not track the typical results of our current or past students. As a provider of educational courses, we do not have access to the personal trading accounts or brokerage statements of our customers.

Available research data suggests that most day traders are NOT profitable.

In a research paper published in 2020 titled “Do Day Traders Rationally Learn About Their Ability?”, professors from the University of California studied 3.7 billion trades from the Taiwan Stock Exchange between 1992-2006 and found that only 9.81% of day trading volume was generated by predictably profitable traders and that these predictably profitable traders constitute less than 3% of all day traders on an average day.

In a 2005 article published in the Journal of Applied Finance titled “The Profitability of Active Stock Traders” professors at the University of Oxford and the University College Dublin found that out of 1,146 brokerage accounts day trading the U.S. markets between March 8, 2000 and June 13, 2000, only 50% were profitable with an average net profit of $16,619.

In a 2003 article published in the Financial Analysts Journal titled “The Profitability of Day Traders”, professors at the University of Texas found that out of 334 brokerage accounts day trading the U.S. markets between February 1998 and October 1999, only 35% were profitable and only 14% generated profits in excess of than $10,000.

The range of results in these three studies exemplify the challenge of determining a definitive success rate for day traders. At a minimum, these studies indicate at least 50% of aspiring day traders will not be profitable. This reiterates that consistently making money trading stocks is not easy. Day Trading is a high risk activity and can result in the loss of your entire investment. Any trade or investment is at your own risk.

Any and all information discussed is for educational and informational purposes only and should not be considered tax, legal or investment advice. A referral to a stock or commodity is not an indication to buy or sell that stock or commodity.

This does not represent our full Disclaimer. Please read our complete disclaimer.

Citations for Disclaimer

Barber, Brad & Lee, Yong-Ill & Liu, Yu-Jane & Odean, Terrance. (2020). Do Day Traders Rationally Learn About Their Ability?. SSRN Electronic Journal. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2535636

Garvey, Ryan and Murphy, Anthony, The Profitability of Active Stock Traders. Journal of Applied Finance , Vol. 15, No. 2, Fall/Winter 2005. Available at SSRN: https://ssrn.com/abstract=908615

Douglas J. Jordan & J. David Diltz (2003) The Profitability of Day Traders, Financial Analysts Journal, 59:6, 85-94, DOI: https://www.tandfonline.com/doi/abs/10.2469/faj.v59.n6.2578

Copyright © 2020 Warrior Trading™ All rights reserved.

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