That is the strategy of a successful day trader

Get rich quickly on the stock market – that should work with day trading. At least that is what several dubious financial gurus promise on the Internet. Very few are really successful with short-term, active stock exchange trading.

According to various studies, more than 90 percent of traders should fail with this strategy and make losses in the long term. It is therefore all the more important to be aware of the risk and to understand the market and its mechanisms. Like Michael Flender.

He has been a full-time day trader for 14 years. He buys and sells stocks on the stock exchange every day, making enough money to make a living. In today’s episode he gives insights into his everyday life as a day trader and talks about his income, sources of information and strategy.

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