This guide assumes you know nothing. It covers the mechanics, the vocabulary and the costs, so that when you start building a method you understand the components.
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Guide · Getting started
Introduction to Day Trading
What day trading is, how it works and what to expect as a beginner.
Foundations · 14 topics · 42 min read
Topics
- 01What day trading is5 min
- 02Asset classes: what you can trade3 min
- 03Longs and shorts2 min
- 04Price, pips, points and ticks3 min
- 05Order types: market, limit and stop orders3 min
- 06Entries, take profits and stop losses4 min
- 07Lots, contracts and position sizing3 min
- 08Spread, swaps, commissions and slippage4 min
- 09Leverage and margin4 min
- 10How you make money3 min
- 11Brokers and prop firms4 min
- 12Sessions and market hours3 min
- 13Demo accounts3 min
- 14Myths4 min
This content is general information and education only. It is not financial, investment or legal advice and does not take your objectives or circumstances into account. Trading leveraged products such as forex, CFDs and futures carries a high level of risk, and most retail traders lose money.
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