Getting Started Day Trading and Your Path to Profit

Here is the deal: getting started day trading is simpler than you think. Just do it. Get yourself on the internet and read as much as you can about day trading. Read the Wikipedia entry, all the Facebook groups you can find, follow day traders on Twitter and then check out Warrior Trading on StockTwits.

You need to know a few things:

Day trading is all about discipline and risk management.

It takes a lot of time to learn how to day trade profitably.

And a lot of very intense study.

But there is a lot of fun to be had and money to be made. Getting started day trading is as easy as joining up with trading site that can teach you the ins and outs of working the market each day. At Warrior Trading, the best thing to do is to try out one the free days in their world-class trading chat room. It will be an immersive experience, but the feel that you get for the community and the crash course in intensive day trading back-and-forth is great experience.

You need to make sure that your personality and drive are a good fit for day trading. The days are fun, but the work is hard. You need to pay attention to trends, have the discipline to prepare and study to pick the right stocks and the risk management skills to know when to get out.

After you try out the community, then you want to get a paper trading account. What is a paper trading account, you ask? Why, it is a chance to get into a trading simulator and make real, market-speed trades that will test your ability and skills. You should never trad cold, hard cash until you have proven to yourself that you can make profits in a simulated trading environment.

Once you get some trading experiences under your belt, you need to get into the classes. Education in the nuances and strategies of day trading is one of the most essential steps in learning how to day trade.

Working your way through the different strategies will give you a feel for all the different ways you can make money and all the ways you can lose money. That means you can figure out what the best, most comfortable techniques work for you.

Once you figure all that out, your path to profit is clear. Happy trading!