What Day Traders Should Know

Day traders are investors who take buy and sell positions on securities, all within the same 24-hour period. It’s an exciting, fast-paced but unpredictable form of trading. Whether you day trade part-time or full-time, make sure to treat your trading as a business. Your aim is making money as fast and easily as possible, and our aim is providing you the means to do so. With SureTrader, you’re using a sophisticated but highly navigable trading site with top intraday trading tools. You don’t have to start out with a lot of money to become a day trader, but the possibility of making a lot of money is always there.

How do you become a day trader?

The essentials are easy – you need a computer, a high-speed Internet connection and the use of a robust online day trading platform. However, becoming a day trader at home requires more than these tech tools. You need to educate yourself about day trading, and focus on it with laser-like intensity.

There’s tremendous profit potential in day trading, but there’s also a lot of risk. SureTrader’s trading platform & knowledge hub helps mitigate these risk by providing insight and trading technology that can help increase your potential. Really knowing your subject means you’re likely to experience more profit potential and less risk. This is just one of the many advantages SureTrader offers day traders, plus so much more!

Day Trading

What Day Traders Should Know

Day traders are investors who take buy and sell positions on securities, all within the same 24-hour period. It’s an exciting, fast-paced but unpredictable form of trading. Whether you day trade part-time or full-time, make sure to treat your trading as a business. Your aim is making money as fast and easily as possible, and our aim is providing you the means to do so. With SureTrader, you’re using a sophisticated but highly navigable trading site with top intraday trading tools. You don’t have to start out with a lot of money to become a day trader, but the possibility of making a lot of money is always there.

How do you become a day trader?

The essentials are easy – you need a computer, a high-speed Internet connection and the use of a robust online day trading platform. However, becoming a day trader at home requires more than these tech tools. You need to educate yourself about day trading, and focus on it with laser-like intensity.

There’s tremendous profit potential in day trading, but there’s also a lot of risk. SureTrader’s trading platform & knowledge hub helps mitigate these risk by providing insight and trading technology that can help increase your potential. Really knowing your subject means you’re likely to experience more profit potential and less risk. This is just one of the many advantages SureTrader offers day traders, plus so much more!

Day Trading 101

If you’re unfamiliar with day trading, here are the basics. Literally, every purchase and sale of a security is done within one day. In day trading, every day is a new day as the buying and selling starts afresh. That also means day traders need constant, up-to-the-second information. Since positions are closed at the end of each day, the day trader knows whether he gained or lost money. Day trading requires quick decision making. Bull or bear markets, day traders can profit if they make the right decisions, since volatility is key to their strategy.

Day Trader Priorities

Becoming a successful day trader requires a lot of knowledge, discipline and the wise use of time. It also requires emotional control. One of your top priorities is finding the trading style right for you. That means a lot of practice trading as you learn the ropes. Once you find a method that works, stick with it. However, that doesn’t mean you stop learning. Setting goals, identifying problems and reviewing your trading history - the better and the worse – are also regular priorities. Learn from your mistakes – and losses are not always a mistake, it depends on execution - and try to avoid repeating them. That’s one reason emotional control is so crucial. Day trading is a mental game which should never involve feelings. Learn how to use all the technical amenities at your disposal, whether it’s something as simple as mobile trading or setting automatic price alerts.

Proper Day Trading Research

Good research is the key to successful day trading. Without access to top charts, technical analysis and indicators, day trading is pointless. Day trading is a business in which constant, in-depth research means the difference between success and failure. If you view research as a distraction, day trading is not the job for you.

Focus & Objectives Vary From Trader to Trader

While making a profit is always a day trader’s primary focus, minimizing losses is just as important. Those basic focuses shouldn’t vary from trader to trader, although each individual has differing methodologies. Focus on realistic outcomes, not pie-in-the-sky overnight success. Trading takes patience, and meeting goals is possible if they are based in reality, not stardust. Those are just some reasons to use trading goals as part of your development as a day trader.

Why do Successful Traders Choose SureTrader?

Our robust, state-of-the art trading platform and competitive fees make SureTrader the best choice online for day trading. For day traders, low fees are essential, as is transparent pricing. SureTrader offers top technical charting and analysis, as well as a free demo so you can hone strategies before starting to make trades. How can you become a day trader with $500? SureTrader provides the opportunity for every client to learn and make use of their day trading talents.

Mobile Day Trading

At SureTrader, you don’t need to stay behind a monitor to conduct your day trading. Our free mobile app allows you to buy and sell while on the go or keep an eye on your holdings.

No Pattern Day Trading

Our clients enjoy trading accounts that offer exceptional flexibility in online day trading. This includes post market trading and no pattern day trading (PDT) rules on accounts. Our no PDT policy makes day trading with SureTrader an especially attractive platform for the day trader.

Low Fees

SureTrader has one of the lowest trade rates and brokerage fees to provide accounts with one of the most cost-effective online day trading options. With our 10,000+ symbol short list, we offer you substantial options for the best day trading in stocks.

Access

Somewhere in the world, markets are open. That’s the beauty of day trading – the day lasts for 24 hours. Because of SureTrader’s extended hours, day traders can act instantly on world news, even when a particular market is closed.