The key to successfully earning an income as a stock day trader is to gain as much knowledge about the industry as possible. Specialize in a specific type of stock or commodities trading ...

The key to successfully earning an income as an equities day trader is to gain as much knowledge about the industry as possible. Specialize in a specific type of stock or commodities trading ...

Day traders use margin accounts to amplify their buying power. With this type of brokerage account, traders can borrow money from the broker to buy more securities than their cash balance normally ...

95% of day traders lose money ... Depending on the trading platform you use and the type of security you're trading, you may also pay a commission every time you buy or sell a stock.

You need all five to get started with day trading ... at the keyboard while trading. Related: Do You Have Any of the 5 Traits Shared by Successful Traders and Entrepreneurs?