During the heyday of the tech bubble in the late s, day traders made easy money buying and selling internet stocks. It didn't take much skill to succeed in those days. All you had to do was ride that tidal wave to rake in the profits. Once the bubble fully deflated, the easy money dried up. Many of those who profited through good luck and timing left trading and looked for other work.
10 Day Trading Strategies for Beginners
How to Become a Day Trader
Day trading is the act of buying and selling a financial instrument within the same day or even multiple times over the course of a day. Taking advantage of small price moves can be a lucrative game—if it is played correctly. But it can be a dangerous game for newbies or anyone who doesn't adhere to a well-thought-out strategy. What's more, not all brokers are suited for the high volume of trades made by day traders. Some brokers, however, are designed with the day trader in mind. You can check out our list of the best brokers for day trading to see which brokers best accommodate those who would like to day trade. Online brokers on our list, including Tradestation , TD Ameritrade , and Interactive Brokers , have professional or advanced versions of their platforms that feature real-time streaming quotes, advanced charting tools, and the ability to enter and modify complex orders in quick succession.
Trading Made Easy
This automated-trigger trading software trades at night when you are sleeping until lunchtime, the next day. This software solves those problems, and takes out the weakest link in day trading — YOU! So, take out motto on for a try. Sit in on one of our live trading sessions, for three to four days. See how the software works, and make your own decisions on if the software is a good fit for you.
Beginners who are learning how to day trade should read our many tutorials and watch how-to videos to get practical tips. Experienced intraday traders can explore more advanced topics such as automated trading and how to make a living on the financial markets. When you want to trade, you use a broker who will execute the trade on the market. The broker you choose is an important investment decision.