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How many years of study and practice are needed to become a successful
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How many years of study and practice are needed to become a successful daytrader?
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2-4 years depending on market conditions. The harder part is putting together a bankroll to trade with. The minimum for real day trading is $25,000
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>>1013388
Nice stats anon, is it according with your experience?
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>>1013318

>year of our jesus 2006+10
>daytrading
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>>1013318
The majority of day traders lose their shirts or st best break even after brokerage fees. What makes you think you can succeed where others have failed?
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>>1013388
>>1013789
Daytrading only has a $25,000 requirement for margin accounts. Cash accounts can day trade as much as they please.

I day trade with Robinhood. 0 brokerage fees.
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>>1013520
Yeah. Starting from scratch it took me almost exactly 4 years to make trading my primary income.


>>1013865
Yuhp, they sure can. However, waiting for funds to clear after each transaction makes day trading on cash accounts completely impractical.
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>>1013865
>Daytrading only has a $25,000 requirement for margin accounts
Your confusing margin requirements and the pattern day trading rule.
to qualify for a margin account it's 2000, which lets you use leverage and shortsell. Your under PDT if you have less than 25000, which limits you to 3 day trades per 5 trading days. Your not limited to over night trades though. if you go over that your account is locked for 90 days.
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>>1013789
>What makes you think you can succeed where others have failed?
What a loser mentality.
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I thought stock trading was very luck based until you have 500k dollars to invest at which point it becomes literally free money?
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