Consider Jeffrey Deleman from Michigan, USA, who has been investing in stamp duty on wholesale transactions for 25 years, most of which is a one-day transaction. He said that in the past 65,438+00 years, he encountered more than $65,438+00,000 in accounts that had "turned seven or eight times" in a few months, but always managed to plummet back to below its initial value in a few weeks.

"When you are in a continuous state, you start to believe what you have gained in 30 or 40 industries, so you start to over-trade, and the market includes it back," Deleman explained.

Most market participants believe that transactions in out-of-control industries usually only produce some small profits and losses, which will eventually be consumed in all account assets, but the most skilled expenses.

However, experts like Mr. Deleman don't care much. He said that he is neither a liver with high consumption nor a rich man with desire. He said that what he likes is "daytime trading of large video games". When the brokerage company asked him what his goal was, his stock responded, "I just want to have fun. I lost fairness."

Other investors explain the feelings of the trading day in a more expectant way. Kent Taylor, an investor in Austin, Texas, traded stock options full-time every day before he started trading futures in August 1992. He said, "I like sleeping at night, not worrying that the market will' open the door to me'.

"Open gap means that when the market price starts on a certain day, it is significantly higher or lower than the closing price of the previous day.

Day traders can trade in all financial markets, but most futures contracts, especially the financial futures of the Standard & Poor's 500 index or currency, such as Swiss francs according to the contract.

A futures contract is an agreement to buy or sell in the future, which is based on the exchange rate of 62,500 pounds per contract at any price. Investors who think the price will be low will sell futures contracts, while investors who think the price will rise sharply will buy futures contracts.

Two things determine whether daytime trading is attractive to investment. One is liquidity, or trading volume. The other is volatility, or the size of price changes. When the bid-ask spread with large trading volume is used for diversification, it means that investors can profit from small price trends. For example,

Standard & Poor's 500 contracts are usually in the industry. Only between $25 and $50 will the seller accept the difference between the "purchase price" and the "asking price" that the buyer is willing to pay.

The second requirement, volatility, means that enough investment must be made in a day, so that traders will be able to overcome their costs and still have profits to leave. Linda Hick, a full-time businessman and trader, said at some point in the day that you can't trade every day. "When you do this, there will be fluctuations," she said.