Day Traders React to Market Volatility

Who says you can't make money in this market? A number of times over the past few weeks, I've heard people say that the current markets aren't good for investing, but are actually great for trading. In fact, the insane volatility creates a perfect market for active traders. Although many frown on so-called day trading, it is part of the market. In this report from WNYC.org, day traders talk about surviving and even thriving in today's market.

NEW YORK, NY November 21, 2008 -Maybe you're checking the stock market every day, a few times a day, or never ... particularly in a week like this. Investors saw another bottom yesterday, when the Dow closed at its lowest level in six years. WNYC's Lisa Chow went to an office filled with day traders ... to find out how they're reacting to the volatility.

A number of times over the past few weeks, I've heard people say that the current markets aren't good for investing, but are actually great for trading. In fact, the insane volatility creates a perfect market for active traders. Greg MacSweeney is editorial director of InformationWeek Financial Services, whose brands include Wall Street & Technology, Bank Systems & Technology, Advanced Trading, and Insurance & Technology. View Full Bio