There are also some basic rules of day trading that are wise to follow: Pick your trading choices wisely. Plan your entry and exit points in advance and stick to the plan. Identify patterns in the ...
But even if you're just dabbling in the market with a few extra dollars, it's important to understand the basics so you don't get in over your head. When it comes to day trading, it’s best to go ...
A lot of day traders follow what's called the one-percent rule. Basically, this rule of thumb suggests that you should never put more than 1% of your capital or your trading account into a single ...
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