When you want to start out as a day trader, where do you go? You need to find a website that will teach you how to find the best stocks and how to take advantage of them in real time. That is why you want to find your way to Warrior Trading.
Sites that want to teach you day trading are a dime a dozen. Warrior Trading is a step up from them.
Day trading is a seductive industry. It can lure in underprepared, unsophisticated people that just think it is all a get-rich-quick scheme. There’s no such thing as a get-rich-quick scheme that actually works.
But Warrior Trading is the sobering answer to all your questions. Check out the Warrior Trading home if you want it straight from the source. The site will outline how exactly the program will teach the necessary strategies and how to practice those strategies in a simulated trading environment.
Beyond just the online classes, the traders can be part of Warrior daily chat room, where instructors and former students trade news bites, ideas, tips and war stories, giving people a real insight into the community and how it promotes learning and cooperation.
The Instructors at Warrior are accomplished day traders and risk managers. That is because they have figured out repeatable strategies that allow them to identify stocks with real potential during the day and trade them at the perfect time. And now they want to share those strategies with anyone who is willing to learn.
This is not for the faint-hearted. It takes hours of study to learn how to read advanced charts properly, research the markets and how to search for the correct actionable intelligence in breaking news. This is not an option. To be successful, these are things you must do first. Don’t forget that knowledge is power.
Then you need to get started in a simulator. Paper trading is where you join in a simulated trading environment that works just like the real stock market, with Level II quotes, real charts and $100,000 in virtual currency.
Warrior Trading instructors stick to the maxim that you need to make $200 per day in virtual profits, consistently, before you can venture out into the real market.
What you need to know is that only 10% of day traders make money. That sounds low. So make sure you consider the risks before you give it a try. But to some, that sounds like a challenge to accept and take on.
Do you think you have what it takes? Do you have the dedication and discipline to study gap and go trading and momentum trading strategies for months before risking any real money. This will help you make good decisions with your money when do you get ready to try day trading. Then seek out Warrior Trading on Twitter and give it a shot.
Have you ever thought about trying day trading? Why or why not? If so, what strategies have you used?
Photo courtesy of: DasWortgewand
Latest posts by Kayla Sloan (see all)
- Do’s and Don’ts for the First Time Budgeter - January 15, 2018
- Walk Your Way to Financial Freedom with this Simple Side Hustle - January 11, 2018
- 3 Tips to Help Prevent Identity Theft - January 8, 2018