1) Beginner's guide to start day trading profitably

Name: 1) Beginner's guide to start day trading profitably
Rating: 4.3 (23 reviews)

Day trading for a complete beginner

Created byHesham Kamel

Last updated 3/2023

English

What you'll learn

Learn what is day trading
Expectations and reality of day trading
Learn how to access tradable markets
What products or assets available to day trade
Capital requirements for day trading
learn the order types and how prices move in tradable markets
Back testing and forward testing your strategy
Basic technical analysis
Paper trading and recommended platforms

Course content

1 section • 17 lectures • 2h 30m total length

What is day trading8:03
Day trading is buying assets at a price and selling them within the same day to profit from small price moves, using leverage with careful risk, edge, and psychology.
Day trading and swing trading5:05
Expectations and reality in day trading4:50
Available products to trade3:30
Gaining access to tradable markets4:04
To access tradable markets, open an online broker account and choose instruments such as futures or stocks, compare commissions and spreads, and fund your account to start trading.
Capital requirements4:25
How prices move4:22
Types of orders9:53
Explore how market orders and limit orders enter and exit markets, with stop orders for exits; compare futures and stocks on organized exchanges, margins, and expiration dynamics.
Data feed4:42
Executing through your platform9:02
Recommended platforms for paper trading / Demo trading6:13
Basic technical knowledge20:01
Master basic technical knowledge to read charts, interpret candles and volume, and identify support, resistance, and trend channels, while applying Fibonacci levels and market structure for day trading.
Sizing your trades6:43
Back testing and forward testing7:43
Why most people fail in day trading5:40
Master day trading by embracing a long learning curve, disciplined risk management, and daily market engagement, avoiding free strategies, emotional bias, and false broker promises.
Day trading psychology17:08
Explore day trading psychology, mastering risk management, loss acceptance, and emotional discipline to develop a personal trading system that reduces randomness and improves profitability.
Risk management29:23

Requirements

No prior experience needed

Description

This course is for complete beginners who wish to learn about the day trading craft but don't know where or how to start, starting from the nature of day trading, where and how to start all the way testing your approach, Day trading like any other field that requires learning curve a good understanding of it's components, The curriculum covers the topics below:

What is day trading.

The difference between Day trading and swing trading.

Expectations and reality of day trading.

What products you can day trade.

How to gain access to tradable markets to buy or sell assets.

How much capital needed to start day trading.

How prices move and order types needed to execute your trades in live markets.

Executing trades at your trading platform.

Why most people fail in day trading.

Basic elements of technical analysis such as candles, trend lines, support/ resistance, correlated market and news .

Why Paper trading is important, and how back and forward testing is necessary for beginners .

(Take your learning curve seriously, take as long as you need testing, learning and let your testing results be the green light to start trading live)

Sizing your trades realistically .

Material will be updated upon students requests.

Who this course is for:

Beginner day traders