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Day Traders

Michael Covel (March 01, 2005)

Day trading is a very difficult strategy to make profitable. For most people it is essentially gambling. There are stories about the easy road to riches via day trading, but most are BS and typically end in financial ruin.
Can shorter term trading (day trading) work? Yes, but you ...

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    The basic trading strategy that all trend followers try to systematize is to "cut losses" and "let profits run". (Read more)

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