One online investing strategy that gets talked about a lot is day trading. Day trading is an investment strategy that requires you to analyze daily stock trends and buy and sell frequently in hopes of turning a daily profit. Although late night TV ads make day trading sound like a scientific process that can make anyone instantly rich, this is not the case. Day trading is an extremely risky investment strategy that can cost you a lot of money in trading fees, lost investments and a personal life. Instead of day trading, research several good stocks or mutual funds and pick a few that you believe will grow over a longer period of time. Invest in those and get off the computer so you can enjoy your other hobbies.

About LifeTips

Now one of the top on-line publishers in the world, LifeTips offers tips to millions of monthly visitors. Our mission mission is to make your life smarter, better, faster and wiser. Expert writers earn dough for what they know. And exclusive sponsors in each niche topic help us make-it-all happen.

Ask a Question

Not finding the advice and tips you need on this Investing Tip Site? Request a Tip Now!

Guru Spotlight

Jennifer Mathes, Ph.D.

Ever wonder how you could make your life better and more fun? So have tens of millions of fans who have turned to LifeTips for answers over the past decade. We keep the tips, advice, books, podcasts and writing services flowing, so you can keep your life and business growing in the right direction. Upward!