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Day traders return to the market - BBC

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The Managing Director of timetotrade, Dary McGovern was quoted in a piece by Nigel Cassidy for BBC News on the Day Traders Return to the Market.



Dary McGovern of Time To Trade has founded a company providing private individuals and investment clubs with tools to plot and automate their trading according to pre-set criteria.


"Anybody who has has just read some piece of gossip somewhere and never placed a trade in their life is likely to be very exposed - they have no strategy for getting in and out," he says.


"A day trader then becomes an investor when it goes wrong and has to ride things out. Like any skill in life, this is one that has to be practised."


Past experience suggests that eight out of 10 home traders will eventually lose their money. A few bad calls, a whopping tax bill, or even just the cost of dealing can too easily wipe out your holdings.


So fortune-hunters should study the markets' machinations carefully before diving in the deep end of today's still murky financial waters. "


Full Story: Day traders return to the market



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The information and data provided is for educational and informational purposes only. Interpretation and use of the information and data provided is at the user's own risk. All information and data on this website is obtained from sources believed to be accurate and reliable. However, errors or omissions are possible due to human and/or mechanical error. All information and data is provided "as is" without warranty of any kind. We make no representations as to the accuracy, completeness, or timeliness of the information and data on this site and we reserve the right, in its sole discretion and without any obligation, to change, make improvements to, or correct any errors or omissions in any portion of the services at any times. Past performance is not a guarantee of future results. Trading carries a high level of risk to your capital and can result in losses that exceed your deposits. It may not be suitable for everyone so please ensure you fully understand the risks involved.


All services are provided by TigerWit Limited. TimeToTrade is a trading name of TigerWit Limited (a company registered in England and Wales under number 9479466). Our Registered address is 1st Floor, Aldermary House, 10-15 Queen Street, London, EC4N 1TX. TigerWit Limited is authorised and regulated by the Financial Conduct Authority number 679941.


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