O'Reilly logo

Day Trading Grain Futures: A practical guide to trading for a living by David Bennett

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

3: Why Day Trading?

When I’m not being asked why I trade the grains, I’m being asked why I day trade. Especially as day trading comes in for quite a bit of criticism from some commentators and internet bloggers. Day trading is distinguished from other trading styles by the fact that all positions are closed at the end of the trading day.

Instant gratification

I’m an impatient man. When I knock off from work, I like to know how I’ve done today. I don’t want to wait days, weeks or months to see how a trade turns out! Last night I stalked my trade for about an hour, spent about five minutes in the trade, made over $1000 and went to bed.

Reduced risk

Futures are leveraged instruments. That’s why I use them; for the opportunity of making ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required