What characteristics in a person would make them a good day trader? What tools would they need? Where would they set up shop? Would you expand on this point?
A good day trader should have the following characteristics – discipline, independence, decision making ability, persistence, analytical skills, patience and adaptability. Discipline is the key characteristic for a good day trader as markets will provide infinite trade opportunities but a good day trader will weight in the risks as applicable to him. Patience is another important trait as timing is the key element in day trading and one cannot expect to make money quickly. To make money on a consistent basis patience is mandatory. A good day trader has to adopt his/her investing strategies as per the prevailing economic conditions.
The tools needed by a good day trader are a trading platform, multiple monitors, high-speed internet, access to news and data feeds. Trading platform and high speed internet is a must in today’s age of digitization. Access to news and data feeds will help the day trader to access accurate and timely information on the basis of which trades will be executed.
A day trader can set shop at their homes and at their offices as well. It should be noted that day trading is speculation in securities and all positions are closed within the same trading day. As such any person can become a day trader and can operate out of his home or office. It is just that the person in concern should have the right tools at his disposal.
What characteristics in a person would make them a good day trader? What tools would they...
What characteristics of a person’s leadership style make them a poor leader? What competencies would they need to develop to improve their leadership
What characteristics of electrons make them easier to move than protons?
Does Hursthouse think a virtuous person would ever break a promise? If they did, would that make them untrustworthy?
1. What do you believe are the top five characteristics of a good leader? What are the top five for a good manager? Discuss the similarities and differences between a manager and a leader. 2. In what ways would transactional and laissez-faire leadership styles be ineffective in encouraging organizational commitment? 3. How might leadership style need to change with an organization's environment?
Choose one of the characteristics of circles or the lines that intersect them that is discussed t and explain what you found interesting about this characteristic 175 words if you write it make where I can understands please thanks
looking closely at the needles of cinifers, what are some characteristics that would help them minimize water loss in a terrestrial environment?
Make up at least ten open-ended questions and ask them of a minimum of 5 individuals over the age of 65. Among the questions that you should ask them are, "What would you do differently if you had your life to live over again?" and "What advice would you give a person of my age on how to live a meaningful life?" Write your questions and the answers received in your paper and include any conclusions you would make about...
If you are an elderly person, what changes do you think will make grocery stores more elderly friendly places to shop and will help you to improve your nutritional health?
What are the characteristics of a good focus group moderator? What is the purpose of a moderator’s guide? Why is it important to have 8 to 12 participants in a focus group? What difficulties might exist in meeting that objective? Why are the screening activities so important in the selection of focus group participants? Develop a screening form that would allow you to select participants for a focus group on the benefits and costs of leasing new automobiles.
Assume a situation where in a day you receive multiple customers' requests and need to resolve them to avoid any further implications. How would you assess the customers' need for urgency.