How to Become a Successful Day Trader

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How to Become a Successful Day Trader – This is a place for the community to provide tips and advice on How to Become a Successful Day Trader. This topic was created by Yvonne Szikla and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

Tip 1 - How To Become A Day Trader

Published: 9 years, 4 month(s) ago | Submitted by Jorge Heitor | permalink

We look at the training, tools, equipment and strategies needed to succeed as a day trader.
Tags: day trading,macd,finance careers,technical indicators,bollinger bands

For further reading: http://www.investopedia.com/financial-edge/0312/how-to-become-a-day-trader.aspx ^[1]

Tip 2 - 8 Reasons Why You Should Never Become A Day Trader

Published: 9 years, 4 month(s) ago | Submitted by Cultor | permalink

The dream is a lie.

For further reading: http://www.businessinsider.com/reasons-not-to-be-a-day-trader-2010-11 ^[2]

Tip 3 - 11 or 12 Things I Learned About Life While Daytrading Millions of Dollars - Altucher Confidential

Published: 9 years, 4 month(s) ago | Submitted by Jeff Nguyen | permalink

I was a day trader for many years, and it almost killed me. I made money by making profits on my own money and also taking a percentage of the profits for the people I traded for. I traded up to $40 million or $50 million a day at my peak. I did this from …

For further reading: http://www.jamesaltucher.com/2013/11/11-or-12-things-i-learned-about-life-while-daytrading-millions-of-dollars/ ^[3]

Tip 4 - How Much Money Do I Need to Become a Day Trader

Published: 9 years, 4 month(s) ago | Submitted by slapstick 01 | permalink

"How much money do I need to become a day trader?" is one of the mostly frequently asked questions I receive. The following article looks at this question.

For further reading: http://vantagepointtrading.com/archives/5901 ^[4]