Breakeven Analysis For Daytrading by Roberto Chahin
ARTICLE SYNOPSIS ...Stocks & Commodities V. 22:10 (42-46): Breakeven Analysis For Daytrading by Roberto Chahin
When you're creating a business plan, you've got to make sure you can break even, or better yet, make a profit. That goes for the business of daytrading, too.
Serious daytrading is a full-time business; it is not something that can be taken lightly. It is especially dangerous to try to daytrade while you are working at another job. Think about it: You're in between meetings or phone calls, and you're simultaneously trying to follow a market depth window or a time & sales screen. Your job will cause you...