Day trading requires a lot of discipline. It is a business and you have to take it like that. Daily you trade the markets and make a full income by trading the markets. There are millions of people around the world who have adopted this internet lifestyle.
You see the advent of internet made day trading possible. The increased volatility in the market is also due to the large number of people who are day trading. Day traders look for short term profits. They open and close the trade within a few hours and do not keep the trade open overnight.
There are many markets that you can day trade. That includes stocks, futures, commodities and currencies.
Now the hard part. Success in day trading requires a lot of hard work, study and training. Professional day traders have many years of training and experience behind them that they use to make a full time income. So if you want to become a day trader, keep this in mind: You will have to work hard and there is no instant success. Daily you will have to trade for 4-8 hours. This can be stressful if you lose every time. So you have to be mentally very strong and physically fit if you want to become a full time day trader.
As a day trader you will need to take it as a business and develop your trading plan if you want to seriously succeed as a full time day trader.
Learn all you can about the equity markets. Macro and micro effects on world markets, U S markets, different sectors and individual stocks. Learn about different trading techniques and find one that you are comfortable with and invest the time in learning it. I started investing in mutual funds at the age of 18, have invested and traded for almost 30 years, and I still have so much to learn.
Start out with a virtual stock trading website and do virtual trading for a good period of time to fully practise every skill you need.
Start out by trading with our trading capital to minimize your risk out of your own pocket and improve your skill fast by our very professional training and technology.