Los Angeles-Long Beach, CA (1888PressRelease)
November 08, 2007 - Seven years after the death knell sounded for thousands involved in the business of daytrading, the tide is turning. The often risky practice of buying and selling over short periods of time has experienced a marked resurgence over the past quarter and expected to continue. Day Trading pro, Manny Backus has responded to the upward trend with a website catering to new Day Trading Professionals.
“Daytrading appeals to entrepreneurs who are not averse to some level of risk,” says Backus, “but one of the keys to success in Daytrading online is to not take uninformed moves that reduces the practice to gambling. It's essential for newcomers to become educated and find a mentor to avoid costly errors.”
Backus, who has been a Daytrader for 7 years, is providing such mentorship to selected participants through a Daytrading Strategy Club that caters to new participants. Through the limited membership he shares Daytrading strategies and tips that enable newcomers to make informed decisions about daytrading online.
“So many of the training programs available are led by people who are no longer involved in Daytrading, and that can be devastating in the fast paced environment inherent to the business,”explains Backus of the new addition to his online business. “Because I know too well how easy it is to get caught up in the emotional thrill and to throw logic out the window, I launched DayTradingPro.com to ensure that newcomers make logical choices rather than getting swept up in the excitement.”
The short term investing practices of Daytraders differ significantly from traditional stock market investments and new traders are especially vulnerable to significant losses. These practices require specific daytrading strategies to reduce risk in the day trading of stocks.
For more information on the reemergence of Day Trading, or to arrange an interview call Manny Backus at 1-800-670-8332 or visit his website http://www.DayTradingPro.com.
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