How do I get started with trading

 How Do I Get Started Day Trading?

A successful day trader understands the discipline of technical analysis. This is identifying trading opportunities by observing and plotting the patterns of price and volume movement in a stock (or any other investment). The long-term trend shows how the stock has behaved in the past and suggests how it should behave in the immediate future.

Technical analysis is not usually done with paper and pencil these days. There are software packages that help create charts and graphs for the purpose.

The day trader also must have a plan in place before making a single trade. Which stocks to trade and what price points are acceptable for buying and selling all must be set in advance. A successful day trader does not leave room for impulse purchases.

Finally, even a solo day trader must have a trading desk, fully equipped with the news services, real-time data, and brokerage services needed to carry out the plan.

If you're going to trade on margin you'll also need a lot of cash on deposit