Day trading and be fun, exhilarating and costly. There are many fly by night companies that say you can be rich and trade an hour or so a day, don’t believe this hype. If the trading system involves stocks, call your state securities regulator to find out whether the company has ever been disciplined or has complaints against it.Invest carefully whether or not you’re a day trader, in fact check on CD rates and just open a CD account. The best CD rates right now don’t pay much but at least you won’t lose your money. CD calculator monitorbankrates.com/calculators/cd will figure out your return when placing your money into a certificate of deposit.

The best protection as an investor is to know what you’re buying, what the ground rules are when you buy and sell, and what level of risk you’re assuming.Advertisements for some day trading systems or advisory services make investing look like a virtual bonanza where everyone’s a winning.

The absolute best trading system with a profit-to-loss ratio of 20-to-1 and an average return better than 26 percent per trade.If you can just follow our recommendations, you will make money, you hear all these types of lines.

Actual results may not match the hypothetical performance – and even trading advisors with a long track record of success can lose a fortune suddenly.They trade in the hope that their investments will soar in value in the short time they hold them, and net them quick profits.

Remember that no matter how strong the market may seem and how solid a particular company may appear, prices can skyrocket or plummet faster than you can say “Wall Street.Day traders spend their time at computer screens, quickly buying and selling investments within a single day – sometimes within just a few hours or minutes – and reacting to continual market swings.

The story may or may not be true.Believe the risk disclosures that say you could lose your whole investment.Many are based on hypothetical performance, meaning that no trades were ever really made.Remember that.Talk to other traders who have used the company.Some traders lose big, forfeiting their student loan money or second mortgages or retirement funds.

Read Between the Lines Learning the language of day trading can help you separate fact from fantasy when reading an ad or listening to a commercial.Even if the system really has had such successes, past performance is no guarantee of future results and nobody.

Not even financial experts – can guarantee what the market is going to do from day to day or even minute to minute.No matter how sophisticated a system for evaluating investments might sound, there’s no way to guarantee the future performance of investments.And it’s highly unlikely that the testimonial reflects the actual experiences of other people using the system or advisory service – or the result you’re hoping for.

Despite the picture of investing success painted by some day trading companies’ ads, far more day traders lose money than make it.If you decide to do business with a company offering day trading systems or advisory services, it’s important to check it out before putting your money on the line.If the ad promises.

If the trading system involves commodity futures or options, call the National Futures Association toll-free at 1-800-621-3570 or 1-800-676-4NFA (4632).Our recommendations returned an average annual return of 250 percent.If the ad promises.Jumping on a “hot” investment tip is a good way to get “burned.No doubt about it, this is a risky business.Everyone loves a good testimonial, but it’s smart to be wary of them.

I work with your trading system for a few hours and am averaging more than $5000 a day.If the ad promises.Remember that.Often they use computerized systems or advisory services that claim to be able to predict the markets.Every time investors make a trade, they pay a commission.In addition, people who trade on margin or sell short risk losing much more than their investment.If the ad promises that don’t believe it.

Be particularly suspicious of sales pitches that play down risk or portray written risk disclosures as routine formalities.In addition: Look carefully at the basis for any claims the company makes.Our software signals precisely when to buy and when to sell a particular security, allowing you the opportunity to make money regardless of the market going up or down.

High-yield investments tend to involve high risk.That’s true whether they buy or sell and whether they make money or lose their shirt.But if one thing’s certain about stocks, commodity futures, options and similar investments, it’s that they’re uncertain.If there were, you can be sure that the software developers would be making their money using their programs themselves, not promoting it to others.

This perosn who used our system wrote to us, ‘.And it’s far from certain that a bona fide trader will be able to place the same trades as the hypothetical trader.Look in the government section of your phone book or visit the North American Securities Administrators Association’s website

As tempting as it might be to leave your investment decisions in the hands of a software program, the ultimate responsibility for protecting your investment belongs to you.It’s dangerous to fall for extravagant profit claims.The potential to make a six or seven figure annual income from trading is at the ends of your fingertips.Any company that guarantees huge earnings is feeding you a load of “bull