I Know Absolutely Nothing About Day Trading...Where Should I Start?

Post-clip of the day...

If only I would have believed this some years ago.

You see, those making the big money right now HAVE put in the years and as there's only a finite amount of money to go around any money you take from the market is money that should be theirs. Do you think they're going to allow that?
 
If you are truly serious, and willing to endure some honest and public soul searching for the collective good, start a thread in the psychology forum titled "Al Cibiades Mentors CLClark" or some such and I will help you. Why there? Because that is what it is all about. The only inhibition to immediate and enduring trading success is normal everyday psychology.
 
Quote from Traveler:

There are literally thousands of posts about it on this site. Go read them first.
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There's not one chance in a 100 he's here to learn anything.

I've seen these types of threads dozens and dozens of times.
 
first things first-how much money do you have to play with?
(to day trade stocks from home,using retail account-25K is absolute mininum(read about PDT rule).30K -should be enough to start.
what will happends to you(mentaly and financially) if you lose it all?
 
Quote from clclark007:

I'm tired of my 9-5.

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Assuming that you aren't completely full of sh!t, I would find another 9-5 that you can be happy with. If then, you want to start trading, then start, but it will take years.
 
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http://www.sec.gov/investor/pubs/daytips.htm
 
get a demo of a trading platform and see if you can figure anything out on it. dastrader.com offers a demo and gives you a paper trading account, which would be a good starting point if you want to jump right into it without actually jumping right in with real money
 
Quote from Roark:

There are are two posters at this site that you should heed closely.

(1) Jack Hershey and

(2) bwolinsky

Look up all their posts and study what they have to say about trading. That will put you way ahead.
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Isn't it the other way around ?
 
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