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Community


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Online Share Trading

Engage and learn about markets and trading online

I wannabe a day trader

Reply
SIMBA
Super Contributor
It seems to me a lot of you yonger people put to much stock in being a trader,of shares. I trade every day but i try to divided my effort between reserching the jse..my small property portfolio and my general buisness trading. I actuly have not purchases a share for 3 months,as i do not want to try and second guess the market. I have how ever made a good living by chaneling my eforts into the other arms of my portfolio..get the ground rules of running a profitable buisness right first and then day trading will not be such a big step..........
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HateGauteng
Super Contributor
On days like this, I need to give this a big rethink!!
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Not applicable
why?? This is exactly the type of volatility day traders are waiting for
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Not applicable
actually the intraday volatility has been relatively low and I have yet to see more difficult conditions for day traders..the daily trading ranges are actually quite narrow...w cover a lot of territory but its all chop.....you gotta gotta wait for the squeezes ...if they dont happen just stay away...
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HateGauteng
Super Contributor
I got caught on the wrong side of the volatility.
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