Become a Day Trader

Video Transcript

"So we'll talk about how to become a day trader. If you want to become a day trader one of the first things you want to do is make sure you have got both practice and some skill and a strategy on how you are going to trade stock intra day and becoming a day trader also means that once you have established the trading platform you want to use you know you have found an internet site or a site that is going to enable you to do the day trading you want to make sure that you have got sufficient funds plus a surplus just to catch any unforeseen opportunities or down turns in the market that are unexpected but so if you want to become a day trader it really is quite simple. Really just make sure you have the skill and importance, probably the most important factor and have a strategy. How are you going to be trading, are you going to be short selling or are you going to be buying positions long and looking for a short term profit and also making sure that you have got a good platform to work with, you have got a good website, you have got a good connection with the trading floor and that you have the assets available. So becoming a day trader, not difficult, it's just one of those things that if you have the passion and the experience and definitely a strategy on how you are going to go forward you can absolutely make a decent living."