Description

This video by TV360 offers you expert advice on Trading as a new stock trader and the amount of trading a beginning trader should do.

Transcript

How to Trade as a New Day Stock Trader Rickie: Hey, my name is Rickie. I'm 52 years of age and as day trader, a new trader at that. I want to ask a question. How many trades should I make a day and as a new trader, what levels of expectations should I expect? Marilyn Littlejohn: Rickie as a new day trader, I would recommend that you consider very carefully making transactions that would be very short term. Day trading is considered to be making a transaction that you buy stock and sell within the same day. As a very, very expected to type of strategy because a lot of things go into the making of the price and stock. A lot of people in our business recommend investments more on fundamentals, in the fundamentals tend not to change from day to day. So as a new day trader, my advice would be to perhaps try kind of fancy day trading. A lot of websites make available and see how adept you are at guessing the direction of stocks before you commit a lot of serious harder in dollars to that.