Shares/Stock Getting started in day Trading

raaman

Valued Contributor
Getting started in day trading.

Day trading can seem complicated at first, but with the right information and strategies, it is possible to become a successful trader. In this thread, I will talk about the basic steps you need to take to get started in day trading, including choosing free courses, and creating a strategy.

But, you need to study technical analysis, how emotional control works, and much more. Getting started in day trading is probably the most difficult step, but the most important one. And the first step is to carry out your suitability test, that is, the questionnaire to define your investor profile.
 

Suba

Moderator
Staff member
Before you decide to become a day trader, you should be able to measure yourself whether your available time is sufficient to become a day trader. You must also be able to measure your mental readiness, capital and abilities or skills in both technical, fundamental and sentiment analysis. A day trader should be able to take advantage of market euphoria, volume and price spikes to buy/sell in the short term daily with a profit target of between 3% and 6%.

We recommend that before starting trading a day trader has prepared a budget, so that he will not lose control while in the world of trading. In general, day traders have also made a trading plan that contains a list of stocks for trading, cut losses, exits, entries, etc.
 

lexfurther

Member
Where do you learn all that? Did you take a special course or something?
 
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