How does day trading stocks work?

How does day trading work? I mean the price fluctuates every second. So for one second if you want to buy it at one price and then during the time you go and buy it it goes up does it sell at the price you want to or the new price? Also can you buy when the market is closed? Also is there a sight that shows you the basics of trading stocks?

Public Comments

1. well you can use a thing called "limit buys", which automatically buys or sells what ever quantity of stock you want at a certain price. Day trading really means that you close all your positions every day, but it is now a generalization for short term (often a week or so). You can use sites like E*Trade, etc. but unless you have a significant amount of capital it isnt a good idea because commission is usually around $10, so if you cant make more than that, you lose. It is very dangerous, and you need to know what your doing. Im a value guy, I stay away from day trading. Try www.investopedia.com, its a great source for beginners.

2. Day trading is a technique of buying and selling stocks for very short term. That is, a day trader usually goes ot all cash by the end of the day.

The day trader is counting on making money each day by trading stocks that have momentum that day. For example, today the stock WAMPQ moved up over 100% in intraday trading. A day trader would jump into a stock like this, and then sell at a profit, before close of trading that day.

Day traders use special stock trading software to help them find good trade ideas. You can great a great article explaining how people can day trade at:

http://www.goarticles.com/cgi-bin/showa.cgi?C=1561958

This is a link to a Go Articles dot com article.

3. Take my advice and forget about it. Day trading a lot tougher than it looks. If you insist on ignoring that advice I would recommend starting with a small account at a financial betting website like BetonMarkets where at least your risk is defined. If you learn to beat that game maybe you can move up to a broker account where you need at least $25,000 to start.

4. Find it from here http://www.futures-commodity-trading.net/page/2/

5. Basically buying and selling stocks on a short term basis. Traders like stocks that have lots of movement, whether they go up or down someone makes money. If you buy a stock, say GE at 12 a share and sell it at 14 thats a 2$/share gain. But it depends on the number of shares you trade, whether its profitable or not. If I bought 100 shares the gain would be $200, minus transaction fees ($12.95 each w Chas Schwab) and taxes on short term gains (35% vs 15% for long term). So that $200 is really about $104.

Many traders use leverage to make large share purchases, then sell buy the end of the day to make sure the account is properly funded.