Why do people buy/sell?

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Re: Why do people buy/sell?

Postby Rom » Mon Nov 01, 2010 1:42 pm

goldtop wrote:Where do you get this strange idea from that intraday traders are obliged & even expected to initiate multi trades per day??

My use of "daytrading" is standard.

http://daytrading.about.com/od/daytradingbasics/a/WhatIsDayTradin.htm
Day trading (and trading in general) is the buying and selling of various financial instruments, such as futures, options, currencies, and stocks, with the goal of making a profit from the difference between the buying price and the selling price. Day trading differs slightly from other styles of trading in that positions are rarely (if ever) held overnight or when the market being traded is closed.

Day trading was originally only available to financial companies (such as banks), because only they had access to the exchanges and market data. But with recent technology such as the Internet, individual traders now have direct access to the same exchanges and market data, and can make the same trades at very low cost.

But I also can also imagine daytraders as teamplayers. Company may use daytraders as they like, meaning volum and risk may not always be as in the hands of the daytrader to decide. Probably a lot of interplay between analysts, bond traders and currency traders in a bank, they are a team, and bank assets come first. I don't expect bond traders also to be responsible for currency transactions when the company has specialists for that. Doing nothing all day isn't that acceptable.

.
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Re: Why do people buy/sell?

Postby whipcrack » Mon Nov 01, 2010 2:39 pm

I get the feeling we've been here before!

Rom wrote: My use of "daytrading" is standard.

...and your inflexible interpretation & straightjacket views on this subject matter is one reason why you'll probably exclude day trading from your agenda, thus unnecessarily handicapping yourself in benefiting from a genuine & totally logical means of long term profit potential.
But that of course is your choice...............and we're veering wildly off-topic again!
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Re: Why do people buy/sell?

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Re: Why do people buy/sell?

Postby davidson333 » Sat Aug 20, 2016 10:24 pm

When you trade in the foreign exchange market, you either buy or sell currencies. Placing a trade in the Forex market is easy as the mechanics of a trade are very similar to those found in the other financial markets such as the stock market. Thus if you have any experience in trading, you should be able to learn to trade Forex very quickly.

The objective of Forex trading is to exchange one currency for another in the expectation that the price will change, so that the currency you bought will increase in value compared to the one you sold.

Omega Options
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