How to Day Trade for Beginners - Complete Guide
2024-04-27·12 min read·By StockifyX Trading Team
What is Day Trading?
Day trading is buying and selling securities within the same trading day to profit from intraday price movements. Requires $25K minimum account (PDT rule).
Strategy Stack
Use momentum, scalping, and mean reversion only after you understand volume and liquidity. Pair your setup with a hard stop loss, a target, and a max daily loss rule.
Risk Rules
Never risk more than 1-2% per trade. Avoid revenge trading. Journal every trade so you can see what actually works.