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How can I learn to be a "Day Trader" in the stock market at home?


How can I learn to be a "Day Trader" in the stock market at home?

Here are my favorite sites.

http://stockcharts.com/
Has basically all you need from fundamental to technical terms. Plus stock screens, charts, public chart lists, and much more useful info.

https://www.fidelity.com/
Has good learning resources.

http://moneycentral.msn.com/home.asp
In addtion to yahoo finance.

http://www.reuters.com/
For news and more.

http://www.marketwatch.com/default.aspx
For news and more.

http://www.valueprime.com/index.php
For rating stock risk/reward ratio and reports.

http://www.barchart.com/
For investing in more than stocks.

http://www.lightninglive.com/
For best software timing your entry/exits any time frame for day traders and long term investors.

Others worth exploring.
http://www.equis.com/
http://www.stockta.com/
http://www.secform4.com/

Best Wishes,
Burt Whitley

Learn from Gurus or join some seminar

Read books on the subject.
Try it yourself, but without using money. Keep
track of profits & looses as if you had really
made the trades.
Learn all you can about finance & inversing.
Read about everything you can that relates
to stock prices.

Be aware that most people loose doing day
trading. Ask yourself how you will be different.

Its a good idea to be a 'day trader' on the Exchanges and earn some bucks. BUT it is an art to earn from day trading and requires lots of informations / financial news / strong heart / risk apetatite / good fund and lastly a good LUCK. Before you do it of your own - learn it from the existing gurus or friends, attend paid classes and register yourself with the share portals. Be cautious - if you gain, you may tell others but if you loose - you may not find anybody to tell the story.

http://www.disnatu.com/indexen.asp

site offers free web seminars and everythign you need to start off... free.... except the actual trades of course

Read as much as you can. Start with;
Having a basic understand of charts (technical analysis)
Then read;
Mastering The Trade by John Carter
The Disciplined Trader by Mark Douglas

Attend a "Traders-Expo". I just went to the one in Las Vegas this past November.

PaperTrade. ThinkOrSwim.com has a great paper-trading platform.

And always remember;
This will take time to be successful.
Money Management is more important than picking the right stocks.
85% + fail at this!!!!!!!!!!!!!!!!!!!!!!!

I'm a "swing trader" that dabels in "day trading". I love it!
Good Luck!

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