Whats the difference between day trading, e trading, and investing in the stock market?
So that I know which of these books to get to learn the basics
Investing is something one does for the long term.
Day trading is buying/selling securities so as to take advantage of short term (minutes/hours/seconds) price differentials and not holding anything longer than a day hence, day trading.
Investing or day trading can be done through an eBroker (electronic brokerage or online broker) Some may be more adept at handling day trades than others,
Investing and day trading both require a knowledge of the underlying market and its dynamics.
Those three references should only be the beginning of a long term commitment to learning.
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In a nutshell, day trading is very short term, as in buying/selling within the same trading day, and investing in the stock market is long term, as in holding the stock(s) for months or years. If you are new to the scene, you may want to start with "investing," not "day trading."
Not sure if e trading means electronic trading, online trading, or something else.
References :
Investing is something one does for the long term.
Day trading is buying/selling securities so as to take advantage of short term (minutes/hours/seconds) price differentials and not holding anything longer than a day hence, day trading.
Investing or day trading can be done through an eBroker (electronic brokerage or online broker) Some may be more adept at handling day trades than others,
Investing and day trading both require a knowledge of the underlying market and its dynamics.
Those three references should only be the beginning of a long term commitment to learning.
References :
Investor
Investing in the stock market just means that you put your money at risk by buying a part of a company. (Each share being a tiny bit of ownership.) You are rewarded for that risk by having your stock rise in price (capital gains) and/or by being paid dividends by the company.
E-trading is just trading and investing (primary in the stock market but also forex, etc.) by using online brokerages (and online tools).
Day trading is speculating on the stock market by taking extremely short-term positions. Most day traders lose money, but it sucks in new gamblers every year. This is partly because gambling is more exciting than sensible, long-term investing.
If you are a novice, start with basic learning about investing in the stock market. I am not recommending those specific books you mentioned, however. Instead, start with some of the free online tutorials from reputable sources. For example, Morningstar has some excellent tutorials: http://www.morningstar.com — on the bottom of their home page, look for ‘Learn’ and ‘Stock Curriculum’
References :
Day trading is buying a security and holding it for a short period of time, mostly one day. Day traders buy during the day and sell before the market closes for that day..
E trading is using the internet to enter orders, and review your brokerage account.
Investing in the stock market is buying equity securities,
References :
Industry experience