Day Trading Stocks To Buy, [LIVE] Day Trading | $500 A Day Keeps The Job Far Away… – Day Trading Software Free Download.
When it comes to being a day trader and day trading stocks online, my mantra is “$500 a day keeps the day job away”! Not because I need/want to make $500 every single day, but it helps me stay grounded in reality. At times it can be difficult to look around social media and see massive gains that people are making, and then look at my own trading results and be tempted to say, “that’s it?” By staying focused on the fact that great money can be made from the comfort of your own home (or wherever you want), it helps build confidence that I’m doing what works for me. If you want to aim for more than $500, then cool… go for it! But for me, making around $500 while getting to work from home is awesome!
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Presuming you work nine to 5 in the UNITED STATE, you could trade prior to or after work. The most effective trading method in those time obstructs is to select one of the most energetic money pairs (those with one of the most price activity). Knowing what times the major money markets are open will certainly aid in picking major pairs.
- New York opens at 8:00 a.m. to 5:00 p.m. EST
- Tokyo opens at 7:00 p.m. to 4:00 a.m. EST
- Sydney opens at 5:00 p.m. to 2:00 a.m. EST
- London opens at 3:00 a.m. to 12:00 noon EST
The markets in Japan and Europe (open 2:00 a.m.– 11:00 a.m.) are in full speed so part-time investors can select major money pairs. These consist of the EUR/JPY pair or the EUR/ CHF pair for major money or pairs that involve the Hong Kong buck (HKD) or Singapore buck (SGD). The AUD/JPY pair may also work well for part-time investors readily available during the 5 p.m. to midnight duration. While it is critical to understand the best money pairs that fit your timetable, prior to positioning any bets the trader requires to carry out more evaluation on these pairs and the principles of each money.