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Old 02-12-2007, 11:16 AM
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Re: how do i day trade

rooky, I want to make sure you take the right path for your trading. Take a look at this article here first: http://www.traderslaboratory.com/for...isdom-633.html

Day trading requires a min of 25k for stocks and usually around 5k for futures. The leverage on Forex is insane that I never recommend anyone with a small account to attempt trading the Forex markets.

What you need to do is to grab a few books and understand how the markets work including all the technical stuff about brokers, margins, etc.. After that you need to study the mechanics of trading. Strategies, tools, methods, etc.. After that is picking what works for you and adapting to fit your trading style. You also need to pick the right market for you.

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