New to day trading

Beginner Questions
1

Hey Guys real fresh is here. Where can I start? Currently in High school, anyway I can avoid PDT rule? Anywhere besides here that I can learn. I’m focusing on becoming a options trader. Please let me know if you have any tips or suggestions it means a lot and I appreciate it.

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2

Avoid the PDT rule by coming to live in the UK, it doesn’t exist here. Otherwise brokerages are at least as carefully regulated as they are in the US. You can also use spreadbetting to trade, which means you will never have to pay tax on your profits.

I have to say the weather is not great.

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3

day trading is the best option i think from all we have . from my first day of trading still i have been using this and sounds good.

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4

Day trading is a nice experience for all types of traders because this type of trading neither takes long time nor takes short time.

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5

yes this is really suitable for all kinds of traders even for the beginners

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6

Here are some important tips for you

  1. Understand the risk and reward of options trader
  2. Develop a solid strategy and stick to it.
  3. keep a close eye on market trends and news.
  4. Use technical analysis to identify potential traders
  5. Use stop-loss orders to manage risk.
  6. Have patience and discipline when executing traders.
  7. Continuously educate yourself and stay up-to-date on industry developments.
  8. Diversify your portfolio and never invest more than you can afford to lose.
  9. Review your past trades to identify what worked and what didn’t.
  10. Practice with a virtual trading account before investing real money.

Have a nice day!

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7

this is really a informative post than others , thanks for your nice reply , got some good points.

8

Just drop out from school and start trading a demo account. Get a grasp of how price moves, and develop you own strategies. No one is going to teach you how to Make money trading the financial markets

9

If you are new to day trading, try to follow the proper guidelines of day trading. Don’t go for news trading because it can lead you to failure.

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10

learning is the best way to survive in this trading place , but besides this it is more appropriate to make sure real practice session. happy trading