Day Trading interest...advice?

D_M_D · Mar 28, 2010

Hello,

I have been researching in day trading for awhile but still don't know enough to actually invest. Is a business education necessary to day trade?

Would you recommend me to start day trading in 4 months with this resume:
1. Currently in Med-school, so I will have to find a way to make time for day trading.
2. No business background, no business connections, no experience whatsoever.
3. Willing to research the market in-and-out for 4 months
4. Saved enough to reach the 25k margin
5. With modesty aside, I'm F'n intelligent.

Advice whether you would recommend this profession as part time please. Thanks

Lord Flasheart · Mar 28, 2010

D_M_D said:
Hello,

I have been researching in day trading for awhile but still don't know enough to actually invest. Is a business education necessary to day trade?

Would you recommend me to start day trading in 4 months with this resume:
1. Currently in Med-school, so I will have to find a way to make time for day trading.
2. No business background, no business connections, no experience whatsoever.
3. Willing to research the market in-and-out for 4 months
4. Saved enough to reach the 25k margin
5. With modesty aside, I'm F'n intelligent.

Advice whether you would recommend this profession as part time please. Thanks

to achieve anything its quite likely you will spend a lot of time on this,how will it affect your med training
business background of no major importance
yes,watcha market for 4 months day in and day out and see its action
25k way more than enough
Id rather train an average intel guy to do this,he would just copy and do. You will probably try and discover the holy grail and look for the most advanced technical system going.I looked at everything and now 8 years later I just use price action and trendlines mainly. Welcome

pmccandless · Mar 29, 2010

To be completely straight up, your resume doesn't mean anything. It comes down to being willing to invest the proper time and effort to learning the craft. You're not going to be succesful right away and you need to accept the fact that there will be more ups and downs than you can count. If you want it badly enough it will work out in the end. And like Lord Flasheart said, don't look for the holy grail cuz it doesn't exist.

timsk · Mar 29, 2010

Hi D_M_D,
Welcome to T2W!
I suggest you read the 'Essentials Of First Steps' Sticky in this forum and then post any subsequent questions you may have once you've read that.
Cheers,
Tim.

Day Trading interest...advice?

D_M_D

Newbie

Lord Flasheart

Legendary member

pmccandless

Member

timsk

Legendary member

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