Any trader who would like to take up Day trading seriously on the stock market must learn a few vital basics first.

Day Trading involves the speedy buying and selling of stocks on a day-to-day basis.This system is necessary if the trader wants to secure quick profits.

This profit is achieved by the constant changes in stock values which occur from minute to minute during a typical trading day. It is not often that a day trader will remain in a trade overnight until the next trading day.

Therefore the majority of the trades that are made are entered and exited in a matter of minutes or a couple of hours, but never longer than a trading day.

One of the very first questions that most traders ask when they first start day trading is whether it is essential to sit in front of a computer following the markets ALL day long in order to be a profitable day trader?’ I am very pleased to tell you that the answer is NO!

There are a number of other factors to think about, but broadly speaking the main rule of day trading is to trade when everyone else is trading and that is predominately to trade in the morning.Trading after lunch particularly near the close of trading could lead you to being unable to sell your stock off at a profit.

Day trading can be risky – as a matter of fact it’s one of the most riskiest types of trading out there. This is because stock prices rise or fall according to the behaviour of the market, which is as you well know is totally unpredictable.

So to put things into a nutshell a Day traders goal is buy and sell shares very quickly in the hope of gaining quick profits within the short time frame that they own those particular stocks. Of course this sounds very simple to do in theory, but in reality it is a lot harder to do in practice.

One factor also to be aware of is that if you are constricted due to a lack of capital, therefore you may not be able to buy large amounts of a stock as you would like to. With a smaller parcel of shares this will limit the amount of profit you can make.

Don't forget that you also have to take into account your entry and exit brokerage before you can start counting your profits..

Remember that it is impossible to predict with any certainty which stocks will result in profits and which will result in in losses. All traders must learn to accept both outcomes whichever they may be..

Another good point to remember is that in day trading, it is the number of shares that is bought rather than the value of shares that should be the main focus. If you decide to day trade, you are guaranteed to make losses, but even with the higher priced stocks the loss should be marginal, because share prices do not ordinarily fluctuate to such an extreme degree over the course of just one trading day.

There are exceptions to this for instance when the stock market is undergoing a large correction. Then it would not make good trading sense to be in the market at all unless you were shorting.

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