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All About Day Trading by Jake Bernstein

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CHAPTER 2Why Day Trade?

Success as a day trader: it’s the American dream. It’s the capitalist dream. It’s the get-rich-quick dream. It’s the entrepreneur’s dream. It’s the be-your-own-boss-and-work-from-anywhere dream. It’s a dream that almost everyone has had at one time or another. But it’s also a dream that very few get to pursue and very few get to fulfill. All markets—stock, commodity, and Forex—define volatility. In other words, they move back and forth, often rapidly, all day and all night long. The unstable economic backdrop in the United States and Europe has created an underlying sense of uncertainty that has, in turn, housed itself in a cloak of anxious trading. In order to capitalize on record price movements over small periods of ...

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