Is day trading easy?

Asked 3 years ago

Is day trading a beginner-friendly trading strategy or is it relatively complex? I am considering starting but I want to know if it is easy as I am not really interested in something that is going to be incredibly complex.

Day trading Trading strategies Learn how to trade

Andrew Moran

Sunday, October 17, 2021

No, day trading is not easy and it is not a beginner-friendly strategy at all.
It is an intricate component of investing.
There are a few things you need to know about day trading:
The day trading success rate is minuscule.
You need plenty of time to practice before you move ahead with full-time investing.
Day trading requires to remove emotion out of the equation, which can be difficult, even as a passive investor.
Ultimately, day trading is not for beginners. You need to have lots of experience and know-how to trade stocks daily and with vast sums of equity.
Suffice it to say, it is not for the faint of heart.