Beverly Hills 12/29/2009 12:32:12 AM
News / Business

The Reasons Behind The 80% Failure Rate of Day Traders

Finance World News Update by EQUITIES Magazine

While many factors contribute to the eventual failure of a day trader, one stands out in particular: a lack of trading education.

 

By definition, day trading means opening and closing your positions within the same day. If you hold your positions overnight, you’re not day trading. Instead you’re swing trading or engaging in some other type of trading.

 

Read the full article describing Fausto Pugliese’s personal account of his day trading past—and what he learned from it—here. Sign up for a free one-year subscription to EQUITIES Magazine.

 

About EQUITIES:

 

Since 1951, EQUITIES Magazine has been a leading media company providing business editorial content designed to serve the needs of business leaders, professionals, institutional investors and retail investors. We are focused on business and the business of making money, not on lifestyle subjects. We publish original reporting in print and on our website, as well as select content at www.nasdaq.com. For 28 years we have hosted our own branded investor conferences that connect public company CEO’s with our loyal readers in the investment community.