moonchild
VIP Contributor
Day trading is not an easy task it involves a lot of ups and downs and if you're the emotional type you might end up getting emotional everyday and blow your account or accumulate losses that will be very hard t get out of, to be a day trader you'll have to have an account balance you start with, for example a $1000 account.
You also have to learn how to trade most traders that trade daily are scalpers and they take position in and out of the market everyday, so you should learn how to take a trade quickly and spot an opportunity to take advantage of
Lastly, you'll have to learn how to manage risk if you're not a risk manager you can't be able to stay long in the market and you should know that you ability to manage risk is what will keep you in the market.
You also have to learn how to trade most traders that trade daily are scalpers and they take position in and out of the market everyday, so you should learn how to take a trade quickly and spot an opportunity to take advantage of
Lastly, you'll have to learn how to manage risk if you're not a risk manager you can't be able to stay long in the market and you should know that you ability to manage risk is what will keep you in the market.
