I'm not sure if there are still people out there aspiring to be full-time day traders, but for those of you who still have faith in the stock market, you may be interested in reading this guest post posted at Bargaineering written by Matt of Steadfast Finances: "A Typical Day in Life as an Independent Trader".

As I've said before, I'm one of those long-term investors, however, I'm very fascinated with day-trading and the potential to make a great deal of money quickly. That's been my perception of daytrading anyways.

What I do realize is that day-trading takes a great deal of patience. It also requires a high-level of risk. In essence, if you're a good gambler, you can probably be a good trader. At least, that's what I think.

Dave Manuel offers some sound advice on becoming a day trader that I think is worth reading.

In this video clip, Mark Griffith, a futures and options floor trader at LIFFE (London International Financial Futures Exchange), offers tips on how to become a day trader...



Related Post:
The Dark Side of Day Trading Stocks

Searching for stock market investing tips on Twitter today, I came across a tip I'd like to share. Brian Ramaker (@BRamaker) says:

I completely agree with the timing issue. The best time to invest is whatever time you think is right for you.

In a past post, How to Be a Smart Investor, I offer my own tips for stock market investing.

Have any tips to share?

I've been reading different articles stating that with the economy the way it is, people are spending less on travel and spending more money on movie entertainment.

The summer blockbusters are starting up this month and business analysts are expecting a decent turn-out at the box offices. Star Trek has been a huge hit and I, like many people, are looking forward to the G.I. Joe and Transformers movies.

In this article over at BusinessWeek, Jeffrey Logsdon, an analyst at BMO Capital Markets (BMO), states that the summer's box office could be flat to as much as 5% higher than last year's record-breaking figures.

Regardless of whether or not people will be traveling less and watching more movies this summer, I think it's still worth taking a look at companies like Walt Disney (DIS) as a short-term trade. Although the company has taken a dip in the past year, my gut is saying that the stock price will climb this summer. Although people will be traveling less, theme parks will still be busy.

I'd love to hear your thoughts or experiences about investing in the entertainment industry. Which sector of the industry do you think would be best? Movies? Theme Parks? Online media?

Article of interest: Investing in the Fragmented Entertainment Industry: Is Safe Better Than Sexy?

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