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Strategies & Market Trends : The Best Day Trader Training

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To: PolarICE who wrote (15)	7/16/1998 5:29:00 PM
From: Markus	Read Replies (1) of 230

For those of you who are interested: elitetrader.com This website is for daytraders and provides some excellent tools and help for the beginner and expert. I learned to daytrade with the help of this sight and the people on there. Everything is free on the site except for the course. They have a chat room full of experienced daytraders who are more then willing to help out the beginners. The course that is offered is somewhere around $200.00 and is online, accessible with a password and site address. I have found this to be the most helpful site I've been to on the topic. There is even a free, brief daytrading course. Some things to remember about daytrading is: - make sure you papertrade (strictly) for a long time, or until you feel confident. - set, and keep, tight stop losses. - BE PATIENT, don't go looking for trades...let them come to you. Also, just about everyone I have talked to who has been involved with daytrading (including myself) lost a lot of money when they first started. If you don't have it to lose, don't trade with it. Otherwise, good luck to all trying to become successful daytraders. Markus

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