May
26
JG
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?
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?
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2 Responses to “What is day trading and How to start day trading?”
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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.
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.