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He has provided education to individual traders and investors for over 20 years. Article Reviewed on July 22, Gordon Scott Updated July 22, Many people have an interest in day trading but don't want to pursue it as a full-time career or give up their day job to do it. In fact, many professional day traders only trade part-time, trading for one to three hours per day, and then they move onto other activities. If you have considered day trading part-time, the following strategies can help you maximize your efforts in the least amount of time and prepare you for some of the pitfalls you might face.

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Early developments[ edit ] Computerization of the order flow in financial markets began in the early s, when the New York Stock Exchange introduced the "designated order turnaround" system DOT. Both systems allowed for the routing of orders electronically to the proper trading post.

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Cory Mitchell Updated August 09, The life of a day trader may seem exciting, but it is a life lived on the edge. In a way that is partially true, as unexpected events or trading results can occur on any given day.

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Every time. NerdWallet, Inc. Its articles, interactive tools and other content are provided to you for free, as self-help tools and for informational purposes only.

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