How and where do you day trade? and do you need a software to day trade? Is it possible to do day trading with online broking websites?
Trading indicators are best used along with money management and good risk control, using trading indicators alone will not enable you to be a successful trader, the market is just too random and unless risk is controlled over time your account will slowly get wiped out, regardless how good a “trader” you think you are.
Related posts:
- How much money do you need to start day trading?
- what is the best online currency trading?
- What's the best way for a beginning stock trader to start trading stocks?
- Where & How can i download Forex trading software i.e Fx (forex, stock,currency)software online ?
- How do i start intra day trading?
- Do you find the best online currency trading?
- When day/active trading, how long does it take between choosing to sell and the execution?
- If I start to trade CFD's (contracts for difference), what technical analysis indicators should I use for….?
- What is the best day trading swing trading software?
- What is day trading and how can i do it?
It depends on your definition of a day trader. If you are talking about being an active trader, you can just use an online brokerage account.
First of all you need $25,000. That is the bare minimum to open a day trading account–an SEC rule. Most on line brokers have software to help you day trade. That is how they generate most of their revenue. Good luck.