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The 13 Best Online Day Trading Classes for 2023

The 13 Best Online Day Trading Classes for 2023

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For those wishing to enter the exciting world of day trading, a formal course is often the quickest and most accessible way to learn how the industry works and how to build a successful trading career.

Online education has grown over the last few years, meaning that students can learn about a whole new industry from their own homes, at their own pace.

Many established and reputable companies offer classes, all with varying structures, content and costs.

Day trading can be both lucrative and highly risky. It’s beneficial to have a solid understanding and appreciation of how to invest, manage risk and monitor the markets.

Even if you have previous trading experience, this type of trading is constantly changing and evolving, so up to date knowledge and refreshing existing skills will always pay off in giving you the cutting edge against other traders.

A list of the Top Online Day Trading Classes for November 2023 are:

  1. Best for comprehensiveness: Thomas Kralow
  2. Best for lifetime access: Asia Forex Mentor
  3. Best for free content: IG Academy
  4. Best for beginners: AvaTrade
  5. Best for self-paced: Shifting Shares
  6. Best for multi market overview: eToro
  7. Best for learning about Crypto trading: Coinrule
  8. Best for trading mentors: Forex Signals
  9. Best for webinars: ActivTrades
  10. Best for video content: UC Trading
  11. Best for daily Live sessions: RM.academy
  12. Best for watching live trading: Bulls on Wall Street
  13. Best for range of topics: How to Trade

Comparison Chart of the Best Online Day Trading Classes for November 2023:

Instruments

Varies

Teaching approach

Comprehensive Approach

Features

One on one with Thomas Kralow

Thomas Kralow

Instruments

Forex

Teaching approach

Comprehensive Approach

Features

Lifetime access, community

Asia Forex Mentor

Name
Instruments

Forex, CFDs, Cryptos

Teaching approach

Diverse Offerings

Features

Real-time market insights

IG

Instruments

Forex, CFDs on stocks, indices, commodities and cryptocurrencies

Teaching approach

Theoretical and practical blend

Features

Diverse learning materials, demo account, platform training

AvaTrade

Instruments

Futures (Forex, indexes, commodities)

Teaching approach

Experienced coach

Features

Close contact with mentor

UC Trading

Instruments

Stocks

Teaching approach

Beginner-friendly

Features

Practical stock trading

Shifting Shares

Instruments

Cryptos, Forex

Teaching approach

Algorithmic Trading

Features

Automated trading strategies

Coinrule

Instruments

Forex, CFDs, Indices

Teaching approach

Professional Training

Features

Market analysis tools

ActivTrades

Name
Instruments

Stocks, Cryptos

Teaching approach

Social Trading

Features

Copy trading, social network

eToro

Instruments

Forex

Teaching approach

Signal-based Approach

Features

Trade signals

Forex Signals

Name

RM.academy

Instruments

Forex

Teaching approach

Learning Path

Features

Comprehensive curriculum

RM.academy

Name

Bulls on Wall Street

Instruments

Stocks

Teaching approach

Day Trading Skills

Features

Live trading sessions

Bulls on Wall Street

Name

How to Trade

Instruments

Forex, Stocks

Teaching approach

Practical Approach

Features

In-depth video lessons

How to Trade

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

Description of the Best Online Day Trading Classes for November 2023:

To help you decide, we have rounded up the 13 best day trading courses, with details such as cost and features.

This list is not exhaustive, but it gives you a great starting point to see what’s out there. Conduct your own research too, to make sure you find the course that suits your needs.

1. Thomas Kralow

Pros

  • Comprehensive
  • Expert technical analysis and market knowledge
  • Learn money management skills and day trading strategies
  • Well-structured and transparent
  • Thomas Kralow is a highly regarded trader
  • Start with a Free webinar
  • Good student testimonials and authentic program reviews
  • Recognized by Nasdaq, Daily Express and Bloomberg

Cons

  • Even though you receive a diploma, it may not be recognised by a company like a bachelor’s or master’s degree will be.
  • If you are looking to take the course to find future employment, then you may be better off pursuing a degree.

Best for: Comprehensiveness

Thomas Kralow offers a great range of courses. You can choose from the basic program, the standard program or the shortened program.

The trading school also offers a great range on how these courses are delivered. You can choose either an assisted learning style, an assisted plus learning style or the standard learning approach for each course.

As of today, Thomas is one of the most recognized financial market experts out there, with an audience of more than 1M+ followers across the platforms. His expert opinion is regularly featured in market overviews of Yahoo Finance, Forbes and Business Insider. Also, the learning program itself is recognized by Nasdaq, Daily Express, and The Bloomberg. It all proves the high credibility of Thomas is really an expert in the field.

Apart from that, you can find more and more testimonials from his students, who share their experiences and results after graduating. For example, here is a video of Thomas, speaking with one of his VIP students - Adel, where he shows his trades and talks more about the process itself.

Visit Thomas Kralow

2. Asia Forex Mentor

Pros

  • Multiple lessons spread over video format
  • High quality
  • Self-paced with lifetime access
  • Covers a wide range of lesson topics
  • Useful examples throughout the course

Cons

  • Those who have already traded could struggle to grasp Mr Chew’s way of thinking
  • Expensive

Best for: Lifetime access

Asia Forex Mentor is a trading education company that offers a variety of day trading courses.

The company was founded by Ezekiel Chew, a professional trader with over 15 years of experience. The company's flagship course is the One Core Program, which is a comprehensive day trading course that covers everything from market basics to advanced trading strategies.

The One Core Program is designed for both beginners and experienced traders. The course is taught online and includes a variety of video lessons, quizzes, and live trading sessions.

The course also includes access to a private online forum where students can connect with each other and ask questions.

Asia Forex Mentor also offers a variety of other day trading courses, including a beginner course, an advanced course, and a course on trading specific financial markets. The company also offers a variety of mentorship programs that provide students with one-on-one guidance from experienced traders.

Asia Forex Mentor has a good reputation in the day trading industry. The company's courses have been praised for their comprehensiveness and their ability to teach students how to trade profitably. The company also has a strong track record of success, with many of its students going on to become successful day traders.

If you are interested in learning more about day trading, Asia Forex Mentor is a good place to start. The company's courses are well-respected and can teach you how to trade profitably.

Visit Asia Forex Mentor

3. IG Academy

Pros

  • Excellent range of course topics
  • Live Q&As
  • Experienced tutors
  • Reliable company with over 40 years' experience
  • Self-paced learning
  • Good for beginners
  • Free for IG account holders

Cons

  • Not much content at the advanced level

Best for: Free content

IG Academy offers a comprehensive suite of day trading courses designed to educate and empower individuals interested in pursuing a career in day trading.

Their courses cater to all levels of experience, from beginners taking their first steps into the world of trading to experienced traders seeking to refine their strategies and enhance their skills.

IG Academy's day trading courses cover a wide range of topics, including:

  • Market Basics: Gain a thorough understanding of the financial markets, including their structure, participants, and the various instruments traded.
  • Technical Analysis: Learn how to analyze charts and identify patterns to predict future price movements.
  • Fundamental Analysis: Understand the factors that drive stock prices, such as company performance, economic indicators, and global events.
  • Risk Management: Develop effective risk management strategies to minimize losses and protect your capital.
  • Trading Strategies: Explore various day trading strategies, including scalping, trend trading, and arbitrage.
  • Psychology of Trading: Learn how to overcome psychological biases and maintain emotional discipline in the fast-paced world of day trading.

IG Academy's day trading courses are delivered through a variety of engaging and interactive formats, including:

  • Online Courses: Self-paced online courses with video lessons, interactive exercises, and quizzes.
  • Live Webinars: Attend live webinars led by experienced traders to gain real-time insights and ask questions.
  • Trading Room Access: Join live trading rooms where experienced traders demonstrate their strategies and provide guidance.
  • Community Forum: Connect with fellow traders and share knowledge and experiences through an online forum.

IG Academy's day trading courses are designed to equip aspiring and experienced traders with the knowledge, skills, and mindset they need to navigate the dynamic world of day trading.

Their comprehensive curriculum, engaging teaching methods, and supportive community foster a learning environment that empowers individuals to make informed trading decisions and pursue their financial goals.

Visit IG Academy

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of IG retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

4. AvaTrade

Pros

  • Comprehensive range of topics
  • Accessible online format
  • Variety of learning materials
  • Practical application
  • Free resources

Cons

  • Limited interactive learning
  • Generalized content
  • Self-discipline required

AvaTrade offers a range of educational resources that are beneficial for day traders, including those specifically designed for day trading strategies.

The day trading courses at AvaTrade typically cover a variety of topics essential for successful day trading.

This includes:

  • Understanding market fundamentals
  • Technical analysis
  • Chart patterns
  • Trading psychology
  • Risk management
  • Specific day trading strategies

These courses are usually structured to cater to traders at different skill levels. For beginners, the courses likely start with the basics of day trading and gradually move to more complex strategies and techniques.

The educational content is provided in various formats, including online webinars, video tutorials, e-books, and articles. This online accessibility allows traders to learn at their own pace and choose the format that best suits their learning style.

While the courses are primarily online, AvaTrade may offer interactive elements such as live webinars, Q&A sessions with trading experts, and possibly live trading sessions.

The courses likely include practical aspects of day trading, such as how to use AvaTrade's trading platforms, implement trading orders, and analyze live charts. This practical focus is crucial for day traders who need to make quick and informed decisions.

Given the high-risk nature of day trading, a significant part of AvaTrade's courses probably emphasizes risk management strategies. This is vital for day traders to protect their capital and manage the risks associated with frequent and fast-paced trading.

AvaTrade typically provides its educational resources for free to registered users, making it an accessible learning tool for anyone interested in day trading.

Visit AvaTrade

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

5. Shifting Shares

Pros

  • Self-paced video format
  • Lifetime exclusive support group access
  • Detailed insights with practical application
  • Profitable patterns backed by examples
  • Single payment with no recurring subscription

Cons

  • No forex or crypto, UK stocks only
  • No free trial

Best for: Self paced

Shifting Shares is an online trading education company that offers a comprehensive day trading course designed to teach individuals how to trade UK stocks profitably.

The course is taught by a professional trader with over 10 years of experience and covers a wide range of topics, including:

  • Technical Analysis: Learn how to analyze charts and identify patterns to predict future price movements.
  • Risk Management: Develop effective risk management strategies to minimize losses and protect your capital.
  • Trading Psychology: Learn how to overcome psychological biases and maintain emotional discipline in the fast-paced world of day trading.
  • Trading Strategies: Explore various day trading strategies, including scalping, trend trading, and breakout trading.

Shifting Shares' day trading course is designed to provide individuals with the knowledge, skills, and mindset they need to succeed in day trading. The course's comprehensive curriculum, engaging teaching methods, and supportive community create a learning environment that empowers individuals to make informed trading decisions and pursue their financial goals.

Here are some of the key benefits of taking Shifting Shares' day trading course:

  • Gain a comprehensive understanding of the UK stock market and day trading principles.
  • Develop effective technical analysis skills to identify profitable trading opportunities.
  • Implement sound risk management strategies to protect your capital and minimize losses.
  • Enhance your emotional discipline and psychological resilience in the dynamic trading environment.
  • Connect with a supportive community of fellow traders for mentorship and guidance.

If you're interested in learning how to day trade UK stocks profitably, Shifting Shares' day trading course offers a valuable opportunity to gain the knowledge, skills, and mindset you need to succeed in this challenging yet rewarding field.

Visit Shifting Shares

6. Coinrule

Pros

  • Works with a range of cryptocurrency exchange platforms
  • Free account option available
  • Various subscription tiers available to suit different needs
  • User-friendly interface

Cons

  • Monthly subscriptions can be expensive
  • No mobile app

Best for: Learning Crypto

Coinrule's Black Friday Offer

Coinrule is an automated cryptocurrency trading platform that offers a variety of features to help you trade effectively.

One of these features is a set of day trading courses that are designed to teach you how to use Coinrule to make profitable trades.

The courses are delivered through a variety of formats, including video lessons, quizzes, and live trading sessions. They cover a wide range of topics, including:

  • Technical analysis: Learn how to analyze cryptocurrency charts and identify patterns to predict future price movements.
  • Fundamental analysis: Understand the factors that drive cryptocurrency prices, such as news events, technological advancements, and regulatory changes.
  • Risk management: Develop effective risk management strategies to minimize losses and protect your cryptocurrency portfolio.
  • Trading strategies: Explore various day trading strategies, including scalping, trend trading, and arbitrage.
  • Cryptocurrency market psychology: Learn how to overcome psychological biases and maintain emotional discipline in the fast-paced world of day trading cryptocurrencies.

Coinrule's day trading courses are designed to equip aspiring and experienced cryptocurrency traders with the knowledge, skills, and mindset they need to navigate the dynamic world of day trading.

Their comprehensive curriculum, engaging teaching methods, and automated trading platform foster a learning environment that empowers individuals to make informed trading decisions and pursue their financial goals.

Here are some of the key benefits of taking Coinrule's day trading courses:

  • Gain a solid understanding of the cryptocurrency markets and trading principles.
  • Develop effective technical and fundamental analysis skills for cryptocurrency trading.
  • Learn proven risk management strategies to protect your cryptocurrency portfolio.
  • Explore various day trading strategies to suit your trading style and risk tolerance.
  • Enhance your emotional discipline and psychological resilience in the crypto trading environment.
  • Leverage Coinrule's automated trading platform to execute your trading strategies consistently and effectively.

Visit Coinrule

7. ActivTrades

Pros

  • No minimum first-time deposit
  • Optimal trading execution
  • More than 1,000 CFDs
  • State-of-the-art trading infrastructure
  • Customer support on 14 languages via email, chat and telephone

Cons

  • No copy trading
  • Not available for US clients
  • No bonus for EU based clients

Best for: Webinars

ActivTrades is a traditional CFD broker and has been trading for more than 20 years on 140 markets. ActivTrades is authorized and regulated by the FCA, CSSF and SCB.

Its courses cater to all levels of experience, from beginners taking their first steps into the world of trading to experienced traders seeking to refine their strategies and enhance their skills.

ActivTrades' day trading courses cover a wide range of topics, including:

  • Market Basics: Gain a thorough understanding of the financial markets, including their structure, participants, and the various instruments traded.
  • Technical Analysis: Learn how to analyze charts and identify patterns to predict future price movements.
  • Fundamental Analysis: Understand the factors that drive asset prices, such as company performance, economic indicators, and global events.
  • Risk Management: Develop effective risk management strategies to minimize losses and protect your capital.
  • Trading Strategies: Explore various day trading strategies, including scalping, trend trading, and arbitrage.
  • Trading Psychology: Learn how to overcome psychological biases and maintain emotional discipline in the fast-paced world of day trading.
  • Trading Platforms: Get hands-on experience with ActivTrades' powerful trading platforms, including ActiveTrader and MetaTrader 4/5.

ActivTrades' day trading courses are delivered through a variety of engaging and interactive formats, including:

  • Online Courses: Self-paced online courses with video lessons, interactive exercises, and quizzes.
  • Live Webinars: Attend live webinars led by experienced traders to gain real-time insights and ask questions.
  • Demo Accounts: Practice trading with a risk-free demo account to apply your learnings and hone your trading skills.
  • Trading Room Access: Join live trading rooms where experienced traders demonstrate their strategies and provide guidance.
  • Community Forum: Connect with fellow traders and share knowledge and experiences through an online forum.

ActivTrades' day trading courses are designed to equip aspiring and experienced traders with the knowledge, skills, and mindset they need to navigate the dynamic world of day trading.

Their comprehensive curriculum, engaging teaching methods, and supportive community foster a learning environment that empowers individuals to make informed trading decisions and pursue their financial goals.

Spread betting allows UK residents ONLY to trade the prices of financial instruments, including forex, indices, commodities and LSE shares.

Visit ActivTrades

Spread betting and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread betting and CFDs work and whether you can afford to take the high risk of losing your money.

8. eToro

Pros

  • Options for classroom-based or online learning
  • Useful insights for beginner traders

Cons

  • Classroom course requires payment

Best for: Multi market overview

CFD is not available in the United States. U.S. users cannot trade CFDs.

eToro, a popular social trading and multi-asset investment platform, offers a variety of educational resources and courses to help its users learn about the financial markets and make informed trading decisions.

While eToro does not specifically offer a dedicated day trading course, it provides several courses and resources that cover essential day trading concepts and strategies.

Here's an overview of eToro's educational offerings related to day trading:

  • Investing 101: This beginner-friendly course introduces the basics of investing, including financial markets, risk management, and different investment strategies. It also touches on day trading as an investment approach, discussing its potential benefits and risks.

  • Introduction to Day Trading and Technical Analysis: This course delves deeper into the intricacies of day trading, covering technical analysis tools and indicators used to predict short-term price movements. It also explores various day trading strategies and techniques.

  • Understanding Fundamental Analysis: This course focuses on fundamental analysis, a method of evaluating a company's intrinsic value by analyzing its financial performance, industry trends, and competitive landscape. While fundamental analysis is typically used for long-term investing, it can also provide insights for day trading decisions.

  • A Practical Guide to Building and Managing Your Portfolio: This course provides guidance on constructing and managing an investment portfolio, including asset allocation, diversification, and rebalancing strategies. It also emphasizes the importance of risk management and setting clear investment goals.

  • Webinars and Live Sessions: eToro regularly hosts webinars and live trading sessions led by experienced traders and market analysts. These sessions provide real-time insights, market commentary, and practical trading tips, including day trading strategies.

  • eToro Academy and Knowledge Base: eToro's extensive online knowledge base, eToro Academy, offers a wealth of articles, videos, and tutorials covering a wide range of investment topics, including day trading. It serves as a valuable resource for self-directed learning.

  • CopyTrader and Popular Investor Programs: eToro's CopyTrader and Popular Investor programs allow users to automatically copy the trades of experienced and successful traders. While these programs may not be specifically designed for day trading, they can provide insights into how experienced traders approach the market and make informed decisions.

  • Demo Accounts: eToro offers demo accounts that allow users to practice trading with virtual funds without risking real capital. This provides a safe environment to experiment with day trading strategies and techniques before applying them to real-world trading.

  • Community and Forums: eToro's online community and forums provide a platform for users to connect with fellow traders, ask questions, and share experiences. This can be a valuable source of information and support for aspiring day traders.

While eToro's educational offerings do not provide a structured day trading course, they cover the essential concepts, strategies, and risk management principles that are crucial for successful day trading.

By combining these resources with self-directed learning, demo trading practice, and active participation in the eToro community, aspiring day traders can gain the knowledge and skills required to navigate the dynamic world of short-term trading.

To find out more, read our eToro review.

Visit eToro

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

9. Forex Signals

Pros

  • Free trial available
  • Daily live streams and market analysis
  • Insights from trading mentors
  • Community of fellow traders to discuss ideas with
  • Online video library for education

Cons

  • Requires monthly subscription (different tiers) to maintain access
  • May not offer much value to advanced traders

Best for: Trading mentors

Not a trading platform as such, Forex Signals was founded in 2012 with the express intention of being an interactive ‘trading room’, where active users can interact and discuss the market, strategies and learn from mentors and experts.

Now with more than 500,000 members, Forex Signals has a 24/7 chat function that is overseen by trading mentors that have over 55 years of experience, mostly providing high-quality trading signals.

Forex Signals offers a variety of day trading courses designed to teach individuals how to trade forex profitably.

The courses are delivered through a variety of formats, including video lessons, quizzes, and live trading sessions.

They cover a wide range of topics, including:

  • Market Basics: Gain a thorough understanding of the forex markets, including their structure, participants, and the various instruments traded.
  • Technical Analysis: Learn how to analyze charts and identify patterns to predict future price movements.
  • Fundamental Analysis: Understand the factors that drive currency prices, such as economic indicators, geopolitical events, and central bank policies.
  • Risk Management: Develop effective risk management strategies to minimize losses and protect your capital.
  • Trading Strategies: Explore various day trading strategies, including scalping, trend trading, and breakout trading.
  • Forex Market Psychology: Learn how to overcome psychological biases and maintain emotional discipline in the fast-paced world of day trading forex.

Forex Signals' day trading courses are designed to equip aspiring and experienced forex traders with the knowledge, skills, and mindset they need to navigate the dynamic world of day trading. Their comprehensive curriculum, engaging teaching methods, and supportive community foster a learning environment that empowers individuals to make informed trading decisions and pursue their financial goals.

Visit Forex Signals

10. UC Trading

Pros

  • Access to expert price action and order flow analysis
  • One of the most comprehensive trading programs available
  • Well-structured course, self-paced with lifetime access
  • Small mentoring group for better focus on the individual student
  • Single payment with no recurring subscription

Cons

  • Expensive

Best for: Video content

UC Trading, a leading online trading education platform, offers a comprehensive suite of day trading courses designed to educate and empower individuals interested in pursuing a career in day trading.

Their courses cater to all levels of experience, from beginners taking their first steps into the world of trading to experienced traders seeking to refine their strategies and enhance their skills.

UC Trading's day trading courses cover a wide range of topics, including:

  • Market Basics: Gain a thorough understanding of the financial markets, including their structure, participants, and the various instruments traded.
  • Technical Analysis: Learn how to analyze charts and identify patterns to predict future price movements.
  • Fundamental Analysis: Understand the factors that drive asset prices, such as company performance, economic indicators, and global events.
  • Risk Management: Develop effective risk management strategies to minimize losses and protect your capital.
  • Trading Strategies: Explore various day trading strategies, including scalping, trend trading, and arbitrage.
  • Trading Psychology: Learn how to overcome psychological biases and maintain emotional discipline in the fast-paced world of day trading.

Here are some of the key benefits of taking UC Trading's day trading courses:

  • Gain a solid understanding of the financial markets and day trading principles.
  • Develop effective technical and fundamental analysis skills.
  • Learn proven risk management strategies to protect your capital.
  • Explore various day trading strategies to suit your trading style and risk tolerance.
  • Enhance your emotional discipline and psychological resilience in the trading environment.
  • Connect with a community of fellow traders for support and mentorship.
  • Gain hands-on experience with UC Trading's advanced trading platforms.

If you're considering pursuing a career in day trading, UC Trading's comprehensive day trading courses offer an excellent foundation for success.

Their courses provide the knowledge, skills, and mindset you need to navigate the dynamic world of day trading and make informed trading decisions.

Visit UC Trading

11. RM.academy

Pros

  • Daily Live sessions
  • Tons of educational material, video courses and tests to complete your knowledge
  • RM referral structure where anyone can become an entrepreneur and transform RM into your own income source with partnership payouts of up to 1 Million Dollars a month

Cons

  • Monthly subscription to retain access to all features

Best for: Daily Live sessions

RM.academy is an online trading education platform that offers a comprehensive suite of day trading courses designed to equip aspiring and experienced traders with the knowledge, skills, and mindset they need to succeed in the dynamic world of day trading.

Their courses cover a wide range of topics, including technical analysis, fundamental analysis, risk management, and trading psychology.

Here's an overview of RM.academy's day trading courses:

  • Day Trading Fundamentals: This course introduces the basics of day trading, covering market structure, order types, and essential trading concepts. It provides a foundation for understanding the day trading environment and the tools needed to navigate it effectively.

  • Technical Analysis for Day Trading: This course focuses on technical analysis, a methodology for analyzing price charts to identify patterns and predict future price movements. It delves into various technical indicators, chart patterns, and trading strategies that are commonly used in day trading.

  • Fundamental Analysis for Day Trading: This course explores fundamental analysis, a method of evaluating the intrinsic value of assets by examining company financials, industry trends, and economic factors. It teaches how to incorporate fundamental analysis into day trading decisions to make informed choices about which assets to trade.

  • Risk Management for Day Trading: This course emphasizes the importance of risk management in day trading. It covers various risk management strategies, such as position sizing, stop-loss orders, and risk-reward ratios, to help traders protect their capital and minimize losses.

  • Trading Psychology for Day Trading: This course addresses the psychological aspects of day trading and teaches how to develop the mental discipline and emotional resilience required for success in this fast-paced environment. It covers topics like managing emotions, overcoming biases, and maintaining focus under pressure.

Visit RM.academy

12. Bulls on Wall Street

Pros

  • Choice of courses available to suit different topics and needs
  • Members' chatroom
  • Live class training available
  • Watch live trading

Cons

  • Courses require expensive monthly, annual or one-off payment for access
  • No free trial

Best for: Watching live trading

Bulls on Wall Street is a popular online trading education platform that offers a comprehensive suite of day trading courses designed to teach individuals how to trade stocks and options profitably.

The courses are delivered through a variety of formats, including video lessons, quizzes, and live trading sessions.

They cover a wide range of topics, including:

  • Market Basics
  • Technical Analysis
  • Fundamental Analysis
  • Risk Management
  • Trading Strategies
  • Trading Psychology
  • Options Trading

Bulls on Wall Street's day trading courses are designed to equip aspiring and experienced traders with the knowledge, skills, and mindset they need to succeed in the dynamic world of day trading.

Their comprehensive curriculum, engaging teaching methods, and supportive community foster a learning environment that empowers individuals to make informed trading decisions and pursue their financial goals.

Visit Bulls on Wall Street

13. How to Trade

Pros

  • Learn at your own pace
  • Video lessons cover a wide range of topics
  • Both free and paid-for courses are available to suit different preferences

Cons

  • Requires paid subscription to maintain Trading Room access (various tiers available)

Best for: Range of topics

Providing a trading education that is designed to take you from the basics through to the advanced strategy, How to Trade has a wealth of world-class educational resources.

There are more than 50 free trading lessons, designed by globally recognised mentors, and when you complete them, you will receive a certificate.

You can expect the free courses to include both forex and stocks education – from a basic introduction through to charts, technical analysis, indicators, risk management and psychology.

Alongside the free courses, there is premium content that comes with membership of the Trading Room.

There are three different membership levels, with increasing benefits as the price goes up.

Every level includes access to the Trading Room, all the premium content in the modular video academy, daily live trading sessions, trade sentiment analysis, weekly hot pick analysis, real time global news stream, live interactive workshops and access to pro trader tools.

The different pricing structures are as follows:

  • The Apprentice – £77 per month, billed monthly. Includes one month access to the Trading Room.
  • The Committed – £39 per month, billed six monthly. Includes six months access to the Trading Room. This also includes exclusive brokerage access and one-on-one with a mentor.
  • The Professional – £36 per month, billed annually. Includes a year’s access to the Trading Room, all the features of the Apprentice and Committed subscription, but also a direct line to the mentors, the Trend Surfing Expert Advisor, and a license key to Forex Tester 5.

Visit How to Trade

What to Look for in a Good Day Trading Course

There are many day trading courses out there, but you should consider a few essential factors before deciding on one.

Legitimacy

The most important consideration is the legitimacy and calibre of the organisation or person providing the information.

Some courses are written by traders who have only a year or two of experience. Of course, they may have been successful for those couple of years, but trading is a long term pursuit and short term success doesn’t always represent the level of skills and expertise needed to teach others.

Check that the creator of the course has been trading for at least five years before viewing them as a trustworthy source of information.

Content

Check that the course covers the areas of trading in which you are particularly interested. Look at online reviews and check out online forums for other people’s experiences of various day trading courses.

Learning Style

You may also want to check the format of the course and how your learning will take place. The lessons could be self-directed or led by a tutor.

Find out whether you have easy access to a tutor for guidance and feedback. A good course will offer a way for you to connect with your fellow students, so look out for ways your course provider facilitates this.

You might also want to check if the course is run by a series of pre-recorded video lectures or slides, or if more interactive learning is available.

Frequently Asked Questions

Only a small percentage of people who attempt day trading will make a profit. A good day trader can achieve a monthly return in the region of 18%.

Since day trading can be both lucrative and risky, it is important to gain a clear understanding of investing, managing risk and monitoring the markets.

A formal day trading course is a fast and accessible way to start building a day trading career.

It is important to choose a reputable and trustworthy learning provider with positive reviews from past students. Find a course that suits your learning style and will allow you to study around your other commitments.

The quickest way to learn is through practice, so find a course provider that includes a demo trading account. This will allow you to practice day trading without having to risk any real funds.

Around 80% of day traders fail within the first year. Most day traders fail due to a lack of knowledge and education; however all trading comes with risk, no matter how knowledgeable you are.

To increase your changes of success, you will need to have the skills required to analyse stocks, know how to manage your trades and develop a profitable trading plan.

Day trading is not a get-rich-quick scheme and requires a high degree of risk management and emotional discipline.

It is possible, but never guaranteed. To be successful, you will need to have a solid understanding of the markets, a well-developed trading strategy and the ability to keep your emotions in check. Very few people make money through day trading, with the vast majority failing within the first year.

All trading comes with risk, no matter how knowledgeable or experienced you are.

It is possible to day trade with a small starting capital such as $500. However, this will have an impact on your trading strategy and broker.

Choose a broker with a minimum deposit requirement of $500 or less, and find one that will charge you fees based on spread rather than commission.

To make money, you will need to trade on margin with leverage. The maximum leverage will depend on your location, so make sure you do your research. If you are trading with a small starting capital, consider trading major Forex currency pairs such as GBP/USD or NZD/USD.

In the US, it is legal to buy and sell the same stock as many times as you like, as long as your broker allows you to do so and you work within FINRA’s pattern day trading restrictions.

Day trading has similarities to gambling, but it is not the same. When you open a day trade, you are effectively betting that the stock will move in the direction that you want it to. Gambling is always down to luck, and the odds are always against the gambler. Trading requires significant knowledge and research to understand the odds of a price trending in a particular direction. Day traders work hard to strike the right balance between risk management and maximising profit.

Final Thoughts

With an array of day trading courses available, choosing the right one is a big decision.

For maximum success, you need to make sure the lesson format and teaching approach suits your learning style, and that you are dealing with a reputable and trustworthy company.

None of the course providers offer the same, so research the course content and look into student reviews carefully.

Costs can vary hugely, so set your budget beforehand and don’t be tempted by big promises.

Some of the strongest contenders in this list offer straight-forward teaching without any hype, and still get great results for their students.

As well as course costs, trading itself can be costly and requires some investment. Be prepared to work at honing your day trading skills to manage risk where possible, but remain sensible and thorough when selecting a course to help you get there.

WikiJob does not provide tax, investment, or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. Investing involves risk including the possible loss of principal.


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