THE TRADING MASTER
IT IS THE REAL TIME FORCAST CHART FOR REAL PROFITABLE TRADE Financial Markets by TradingView 10 Day Trading Strategies for Beginners 1. Knowledge Is Power In addition to knowledge of basic trading procedures, day traders need to keep up on the latest stock market news and events that affect stocks—the Fed's interest rate plans, the economic outlook, etc. 2. Set Aside Funds Assess how much capital you're willing to risk on each trade. Many successful day traders risk less than 1% to 2% of their accounts per trade. If you have a $40,000 trading account and are willing to risk 0.5% of your capital on each trade, your maximum loss per trade is $200 (0.5% x $40,000). 3. Set Aside Time, Too Day trading requires your time. That's why it's called day trading. You'll need to give up most of your day, in fact. Don’t consider it if you have limited time to spare. 4. Start Small As a beginner, focus on a maximum of one to t...