Day Trading Explained For Beginners!

Day trading is what traders call the art of buying and selling a financial instrument within the same day or even multiple times over the course of a day. That means if you open a trade at some point during day, it would be closed off by the end of that day.

This video sheds some light on what is day trading, pros and cons of day trading, best markets to day trade, risk management of day trading and what time frame to day trade. If you also wonder how to day trade successfully, this video is for you!

Watch‌ ‌the‌ ‌full‌ ‌video‌ ‌for‌ ‌our‌ ‌take‌ ‌on‌ day trading explained for beginners and‌ ‌‌a‌ ‌deeper‌ ‌insight‌ ‌into‌ ‌what‌ ‌to‌ ‌expect‌ from day trading strategies. ‌Drop‌ ‌us‌ ‌a‌ ‌line‌ ‌in‌ ‌the‌ ‌comments‌ ‌with‌ ‌your‌ ‌thoughts‌ ‌on‌ how to day trade for beginners.

00:00 Intro
01:40 What is day trading?
02:24 What markets to trade?
03:36 What time frame?
04:08 What trader to be?
05:04 Risk management
05:42 Day trading chart analysis
12:45 Recap

***

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83.45% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

This video is for general information only and is not intended to provide trading or investment advice or any personal recommendations.  The information in this video is indicative, and may become out of date at any given time.

Please remember spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage,  You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. Invest only what you can afford to lose.  These products may not be suitable for all clients, we therefore recommend that you seek independent advice and ensure you fully understand the risk involved before trading.  You do not own, or have any interest in the underlying assets.

Professional clients can incur losses that exceed their deposits when spread betting and trading CFDs.

[Kantor]

Trading has been rather rewarding to me and I've learned that getting a good ROI is very much attainable if you know your way around it.

[dpiclkq]

Your approach to trading is truly impressive. Thank you for teaching me so much!🌐

[carlo]

David does your platform have the option of non cfd? I want to trade speedwise. Make profit on cents movement.

[agu_mn]

i have 0 clue on whats going on. how can i learn?

[michaelcohen]

A small start-up capital base leaves one not choice but to day trade, even if they are aware of the potential of swing trading. So it's a necessity in some instances.

[ibrahimamad]

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Veronica Hoy.

[jboy-j]

How about if you buy anything whether it is shares or commodities; and it starts falling more in value. Should you still hold on to the long run to see if it's going to get back up again or stop your loss?

[benjaminsmart]

Very sensible. Imho day trading is waaay to risky. You lose too much through slippage, and its also too time comsuming. Swing trade with smaller position sizes. Its less stressful, you dont spend every minute watching the market, and ultimately you make more money.

[pradeepmane]

Thanks, David. Could I know, how much is your commission for a trade? Buying and Selling, for a Script, crude oil, Gold/Silver, or any commodity?

[mkdy]

Informative, thank you. How do we know that day traders lose money? Where is the data? Thanks again from a newbie!

[mirsadkuljici]

I was thinking that this guy is smth stressed and usually speak fast .. than I saw the Playback speed was 1.25x from a previous video 🤦‍♂🤦‍♂

[salomebotha]

Is David up and running yet? Can't find him.

[nexbufp]

Where do you actually buy and sell the stocks? As in what website or app?

[sinner]

I am a poor 15 year old boy with a demo account, who is thankfull for this explanation.

[paulrivera]

Sometimes when you buy a share going bullish and it goes down, you will have to hold on to the share.

[Snaptmafia]

Been trading for a while now, i barely make money but i do learn a lot from the process and David has been making my journey a lot more easier.

[guomilu]

I am a Muslin does your margin have interest or is there an option type of margins

[quickpstuts]

With all due respect, this is not for beginners. I assumed it would be for people who know very little about stocks, trading, etc. Seems more intermediate to me.

[sgjnwgl]

Nice explanation
I don’t recommend any one to trade, you will definitely lose all your money

[sgjnwgl]

They always delete the negative comments.
I recommend to run and save your money because definitely you will lose it all.