Day Session
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 2012 US Open Tennis DAY Session 13 SUNDAY 9 2 $137.00 Time Remaining: 16d 14h 57m Buy It Now for only: $137.00 |
 1 8 TIX 11 10 ATP World Tour Finals Day Session O2 Arena London $302.00 Time Remaining: 17d 9h 5m Buy It Now for only: $302.00 |
 2012 US Open Tennis DAY SESSION 11 SATURDAY 9 1 $142.00 Time Remaining: 16d 15h 13m Buy It Now for only: $142.00 |
 1 8 TIX 11 11 ATP World Tour Finals Semifinals Day Session O2 Arena London $329.00 Time Remaining: 17d 9h 5m Buy It Now for only: $329.00 |
 4 Tickets US Open Day Session Corona Arthur Ashe Stadium $784.00 Time Remaining: 2d 4h 53m Buy It Now for only: $784.00 |
Day Session
Day Trading – Making Big Profits the Easy Way
Wherever you go on the internet you see them day trading systems promising you a low risk way to make a fortune however ask any of them to produce a real time track record and you won’t get one.
Because day trading simply is not an easy way to make money it’s an easy way to lose all your money. Here’s why.
Day trading is big business and it’s a great story.
The story is that you can keep losses small and make profits all the time by scalping the market and build a huge fortune over time all for around $100 or so!
The reality of course does not match the hype.
Let’s look at the facts and why day trading does not work and will see you lose your cash.
1. The Odds are not on your side
Normally day trading relies on trying to predict what will happen in a day session.
How can you do this?
You can’t.
No one can predict what will happen in such a short term time period, it’s the equivalent to flipping a coin.
To trade forex markets you need reliable data and day trading can’t give you this.
2. Losses are kept small but
You have a huge chance of being stopped out.
Just like currency movement is unpredictable in a day, so to is volatility.
Day traders normally have small losses on trades but they have a lot of them. Now that by itself is not bad it’s a rule of successful trading.
3. Profits can’t cover losses
Day trading systems never run profits for a long period of time. They want to get in and get out and scalp a profit.
Now if there lucky to get one (and even day traders get lucky) it can never cover the losses they have and they have a lot of those.
So here is what day trading gives you
Small losses + High Odds Of Being Stopped Out + Small Profits + Low Chance of Success = Loss of Equity
The above equation neatly sums up why never can win and if you don’t believe it try this simple test:
Ask any day trader who sells a system to give you a track record of real time profits with real dollars ( not a hypothetical track record ) and you wont get one.
Most day trading vendors have the sense not to trade and make money by selling books it’s a lot easier to make money that way.
About the Author
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On all aspects of becoming a profitable trader including articles, features and an exclusive Gann Trading Course visit our website at http://www.net-planet.org/index.html
Going Monday 26th for the day session at Rod Laver.Does anyone know what big seeds if any might be playing?
it will be the players from top half of mens draw playing 4th round matches, so big seeds include rafa, murray, tsonga, simon, blake, monfils.
and it will be bottom half of womens draw playing 4th round matches, so big seeds include serena, venus, dementieva.
Crailtap's Clip of the Day. Rainy Day Session #2