Uncategorized

The New Way To Make Money On Wall Street

Buy and hold used to be the common wisdom on Wall Street. It was believed that if you invested in something and held it long enough, then you would make plenty of return on your investment. This does still happen from time to time, but the big money is being made in the short term trading game. Those who are able to profit the most are the ones who are able to react the best to the short term movements of particular stocks. It is a game that is making profits for a small select few and losses for the rest.

In order to make money in this day trading game, you have to learn a lot about the psychology of the market. To know how a stock will react to a bit of news coming out is to have a leg up on the rest of the investment field. To have the right equipment to make your trades as quickly as possible is also something that is highly important in this market. Doing both of these things at the same time is a win-win situation for yourself.

This is not to say that day trading is not risky, but it can be mastered by just about anyone. If you are ready to thrust yourself into learning how the market works and adapting to it, then you will be able to outdo all of the competition. It is that competitive drive that makes the whole short term trading game worth it. The profits that you are able to make are not so bad also!

Posted By: The Great American Small Business Challenge