Can you think faster than the market? If so, you may have what it takes to profit from day trading. More and more professional traders are reaping rewards from market volatility. The money making potential for stock day-traders is equal to that of futures traders because of the favorable cost of entry. The electronic environment also provides great opportunities for success in this growing field.

Within the subject of investing, the big buzz is over day trading. A day trader is someone who establishes a market position at some point during the day but who exits the position before the close of day. Day traders make money by making a lot of trades that take advantage of even small fluctuations in price. They also have the benefit of not having to worry about events that take place after the market closes that may have an effect on prices.

The volatility of the market and the ready market access afforded by online trading accounts have made day trading an attractive option. Abell is an executive with the Innergame Division of Rand Financial Services, a Chicago-based futures clearing member. His advice assumes a basic knowledge of the technology necessary for online investing. He provides step-by-step guidance on getting set up and describes various trading strategies and tactics. Abell emphasizes the need for a personal strategy and a business plan, stressing that no system is perfect.

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