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Why it’s important to keep detailed notes. Active day trading requires much more focus than other types of trading due to the shorter timeframe, and because the market moves quickly over the shorter term.
Our essential guide to day trading ebook explains how day trading is different from longer-term trading and highlights a set of guidelines to adhere to when you’re intraday trading.
The psychological element of day trading is crucial, and our guide outlines the principles to follow and potential pitfalls to avoid. We also explain why the importance of taking regular, detailed notes should never be underestimated.
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Disclaimer: Trading in leveraged Over-The-Counter (OTC) Derivative products including Contracts for Difference (CFDs) and spot foreign exchange contracts involves a significant risk of loss which can exceed deposits and may not be suitable for all investors. OTC Derivative products / CFDs are complex financial instruments that do not confer any claim or right to the underlying financial instrument. Transactions in these instruments are very risky, and you should trade only with the capital you can afford to lose. Before deciding to trade on these products, you should consider your investment objectives, risk tolerance, and your level of experience. Accordingly, you should ensure that you understand the risks involved and seek independent advice from professionals, if necessary.
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