5 Facts You Didn’t Know About Day Trading

trader

If you want to give your friends the

impression that you are a day trading

pro, here are some facts you can use

to make them think you have been

day trading for years.

You Can Day Trade Currencies -

Although everybody associates day

trading with the stock market, you can

also day trade in the currency markets.

In fact, it’s easier in some ways. You do

not need a minimum of $25,000 in equity in

your account to day trade currencies. You

can get up to 50:1 leverage in the United

States.

The Halloween Effect - Historically, markets

start to perform better once Halloween

comes around, and that strong performance

typically carries on until the beginning of May.

On the other hand, stocks often do quite

poorly in late spring and throughout the

summer months.

This won’t just impress your friends – it’s actually a good thing to remember when you

are developing your day trading strategy.

Mr. Dow and Mr. Jones - Charles Dow and Edward Jones started the company all the way back in November 1882 in a cellar under a candy store in New York. By late 1883, the company had started publishing a roundup of the day’s financial headlines called the Customers’ Afternoon Newsletter. Soon, the newsletter had over 1000 subscribers, and included the Dow Jones stock average, which included nine railroad companies, one steamship company, and Western Union. The rest is history.

Want to learn more about day trading? Contact us today to speak with a friendly NONKO representative!

www.nonkotrading.com