What should I be looking into?
I am a serious beginner … but very open to any suggestions.
I am a serious beginner … but very open to any suggestions.
If you are wanting to be a day trader, the 1st thing you are going to have to do is become an expert at technical analysis. Day trading is 100 % TA. You are going to also have to be well funded to even start….the minimum you will have to have is $25,000. The NASD provides that a pattern day trader is any account that makes (i believe) 4 or more "round trip" day trades within any 5 rolling day period. You must also maintain a MINIMUM of $25,000 to keep day trading.
You don't have to be a day trader to be successful as a trader. Explore your possibilities and educate yourself and put in the required time and you WILL be successful! Good luck!!
Ask a question or leave a reply