Fools rush in where wise men fear to thread.
He is not rushing.He is very wise i.e.getting information as to where to start ?
rgds aj

paper trade for as long as it takes to find a system that works for you.never leave your computor if your playing the dow.

oh yes forgot buy giant size pampers.

Do what you learned on this thread:

http://www.moneyam.com/InvestorsRoom/ShowPostList?fID=1&tID=2695

only do it quickly.

First buy a market stall, then find the best selling item in your parish, ring Dell and get some stock, find an antique clock worth millions and off you go, trust me its as easy as that making money " day trading",


qelle fromage , mate, quelle fromage

lol

Apply to open an account with a reputable cfd trading firm (eg. Barclays Stockbrokers) READ THE SMALLPRINT, consider why they are asking all these questions about your financial status.

Accept there is no such thing as a free lunch and if you still feel you have the courage, DO IT, but make sure you can afford to lose it all (and maybe more)

but also know, if you get it right at first, don't get complacent.

snoball pretty much has it. Day trading is very similar to trading over a longer term, the only difference being that you can lose your capital many times quicker.

Read everything you can , if you have not gone on any courses , do it. Spreadbet initially with tiny sums. Fins lets you have a go for pennies. Kayak has it right , daytrading is the fastist method of losing money ever invented.

And trade small at first - REALLY small. Because you'll lose it. Everyone does at first. It won't happen to me. Oh yes it will! Sorry, not being arrogant, just realistic. Ask any trader who's been in the game a while.

A suggestion, no more than that.

Paper trade with City Index or Capital Spreads for a while. You can open a "dummy" account with these guys and they'll give you 10k of monopoly money to play with. See how you do for a few months. You can afford to frighten yourself this way (like using a flight simulator instead of trying it in a real airplane).

If you want to jump straight in, Finspreads will let you open an account and trade at 1p/point for the first 8 weeks (but you can't place stops on less than 50p/point, as I remember). This way you risk real money -- and that will affect your psychology -- but without risking much.

For spreadbetting, all these firms are OK.

Good luck -- and another thing -- only do it if you enjoy it.