I would actually say it is far better to day trade options than the underlying stock, for various important technical reasons.

www.optionetics.com is thorough, but expensive.

I'm not sure about specific courses but here are some links to websites that are known for proven stock and option trading tools. They have some courses you can sign up for.

www.investools.com

www.shadowtrader.net

www.thinkorswim.com

Be aware that 90% of day-traders lose money. The odds are way against you. I recommend trying swing-trading (a few days to a few months time frame) first. The pressure is less and the timing not so quick. The exact same principles that apply to swing trading will prepare you for trading on shorter time frames. Or … you might decide you were making enough money in swing trading to stick with it.

As for sources, check with your brokerage. Many of them make learning tools available to their clients.

Best of success.

The best thing is to do seminars or home study courses.
www.thesecret.com.au

David Schirmer is the guy to learn from.

Day trading is very risky and very expensive. I recommend having your money managed by an advisor you can trust at a reputable firm (Merrill, Smith Barney, etc.) or even a local advisory firm. You will pay extra for it, but it saves you a great deal of time and worry.

If you have time to do it yourself, stick to highly rated mutual funds and ETFs. The key is to be diversified by owning large companies, small companies, bonds, international, etc. in all different industries. This allows you to be a long term investor and ride out short term volatility. Mutual funds and ETFs are the best way to accomplish this.

Anyone with a brokerage account can trade as often as they wish. However, since you "dont trust online e-trades or investment firms", you would need to become licensed,bonded, insured, registered, etc. as a stock brokerage firm. This would involve more than most individuals could afford or have the expertise to accomplish.
Almost all brokerages, including the on-line ones, are licensed, and insured. Having traded for a very long time, I have never had a problem with their service or fairness.

There are many trading systems/methods and software programs based on them. An online course would likely be based on one trading system or a particular software program. You want to first look at different trading systems and choose the one you are most comfortable with. Just do a search on Amazon for books on stock trading and review the ones with the best reviews.

You may also want to talk to other traders to find out what they think/use. Try:

http://finance.groups.yahoo.com/group/TradingZoom/

It's a free online stock picking group. We have a few Indian members trading US stocks.

This is amazing, I have been wanting to hear about someone who is actually making money day trading! I'm in college and I haven't had the chance nor the money to start yet but I would love to do this for a living. From my research, I found that the news about mergers & acquisitions, clinical trials, and all you mentioned sends stocks skyrocketing.

The website below has software that scans the news feeds for you specifically for day traders. It is programmed to look for the key words that causes big moves in stock prices. If there is any advice you could give me before I get started I would love to hear it.

Security analysis by benjamin graham
intelligent investor by benjamin graham

ben graham taught warren buffet. ben is known as the father of value investing.

You CANNOT trade unless you understand the markets; the products trading in the various markets, and the rules and regulatiions governing investing/trading.
And don't let any one tell you differently, if you do you'll only get hurt.

Before you invest in any security, whether as a trader or an investor the first investment you should make is in yourself, and the best investment you can make is by educating yourself.

Start your education by learning why you should invest, and the importance of being able to make your own decisions.

Get into the habit of making daily visits to some websites like MSN Money and Yahoo Finance.

Other website that can provide instructions and help with procedures and terminology are Investopedia.com, Stock Charts.com, investorshup.com; and 1source4stocks.com
Visit some of the more professional websites like Zacks.com, Smart Money, Schaeffers.com, Trading Trend, Trading Markets, these website will have advertisers who are worth looking into also. And remember, if they offer free information, get it.

Attend all the free seminars you can, just be careful and don’t get pressured into anything you really don’t want or need. Most schools offer courses in finance and economics, but very few will have courses on the mechanics of the investment markets, if they do try taking the course. You may want to consider on-line courses, the New York Institute of Finance use to have such courses. Try to get some fee information from the stocks exchanges they all have (had) free booklets, SIAC and some of the regulators (FINRA SEC MSRB CBOE) may provide some free literature.

Good luck