Day Trading Is...

  • NOT a get rich quick scheme - it takes time and discipline

  • NOT for people who are emotionally attached to money - you cannot be afraid of losing money.

  • NOT gambling -- you are making educated predictions based on previous and present data

  • A high risk high reward investment practice - yes you can make a lot of money in a day but you can also loose a lot of money within a day.

  • Risky EVEN when you know what you are doing - the market is NOT your friend - you can not control the market all you can do is try to surf through it and have your wins outweigh your losses.

  • Faster way to compound your capital than buying a stock and holding it for years

  • A skill - you get better with time and experience.