Day In The Life Of A Day Trader

The stock market day-traders wake up in the morning before the market opens. They flip on the lights of their home office, turning on their computer multi-monitored, connect to their trading software day and begin planning for the day. Depending on what day trading strategies for their use, they can go to the websites of financial news, logon to the EDGAR system of the Securities and Exchange Commission, or simply open the Financial Times.

Around 9:30 ET, they are seated chairs and get ready for the trading day. For most day traders, there is no break for lunch, because, as Gordon Gekko said, is well-known 1987 film "Wall Street" lunch is for wimps. "There are no coffee breaks, no interruptions bathroom, no nothing.

Well, maybe a few breaks, but many are so accurate that they do not even notice time passing. You see a day of successful negotiation requires a huge amount of concentration and focus. Before they know it is 4:00 ET on the trading day is over. They may have some negotiating positions remain open, but most of them are locked out. Now comes the time to evaluate the day's operations.