Advantage and disadvantage of day trading

[WATFORD]

Everyone on Earth dream on a plan or strategies to apply on their business, but sometimes this plan comes as a good results while some as a bad result, this is because every positive thing must bring in negative result at the end.
So below are the advantages and disadvantages of day trading.

1). Day trading afford traders the ability to trade anywhere in the world.
2). Day trading allow multiple positions at one
3). Day trading provide opportunities to act fast and immediately on potentially lucrative market changes, as well as use automated trading.

DISADVANTAGE.
1). Wealth is more often accumulated through multiple small trade.

2). It takes time and effort required consistent analysis of market conditions

 

[PICKFORD]

Day trading, which is the practice of buying and selling financial instruments within the same trading day, can have both advantages and disadvantages.

Advantages:

The ability to make quick profits if the market conditions are favorable
The potential for high returns on investment

Disadvantages:


The potential for significant financial losses
Day trading can be stressful and time-consuming, and may not be suitable for everyone.