Friday, 30 December 2011
Is Day Trading Right For You?
Some Canadians frustrated with the advice they’re getting from their financial planners are taking matter into their own hands. Since the economic downtown began in 2008 financial institutions report there’s been an absolute increase in the number of people opening online trading accounts.
Tools and information available on the Internet has become more sophisticated. Mark Phillips with Scotia iTrade says, “Streaming quotes or real time market data is available to all our customers” Investors sitting at home in their basement now have the same access as those working on a trading floor.
If you’re thinking about managing your own portfolio and perhaps dabbling in day trading, here are a few things to consider before you start. Read more here: Day Trading: How to make it rewarding, not risky.
Posted by Rubina Ahmed-Haq