How to start day trading?

I want to start day trading, but I have virtually no experience with stocks. I’ve done a bit of research on it and I really want to get real time feed to test my strategies. Is there a way to get real time feed of the markets for free? And if not could I just open and account and and watch for a month or so with no penalties?
I know all the brokers that cater to internet traders. I need a broker that provides direct real time access. If its for free, then great but even in a demo form, or if i open an accound with their account minimum. I would just like a way to get real time data so I can make hypothetical trades..

day trading eminis???

your thoughts?
pros cons
strategies etc

would love to hear anybodies feedback

Can I make money Day Trading Stocks?

In 2007 and 2008 I did a little trading, I made some money, but I lost nothing. I only had $5000 at the time, so I couldnt make any real money off it. I had to stop because Im a loan officer and 2008 was when the industry died and I needed that original $5000 to survive.

Anyways, I have been Papertrading for a year now, although its fake money, I have been making big gains. I have a very simple strategy. I have about 6 stocks I like, when the market opens I wait 10 to 15 minutes to see which, if any, of my $10 or under stocks are surging up. I pick one of those stocks, stay in for just a few minutes, or until I see any sign it may be done surging up… then I sell and shut off the computer.

This worked for my with real money and its working for me now. So, now, I have $25,000 (real money) and I want to know if I should start real trading. Am I missing something? Why does this seem so easy? I want to start using the $25,000.

A Difficult Investing/Trading Question! NOT HOMEWORK?

I’ve been testing out two trading strategies lately, and here are my results.

Strategy 1
Profit to Loss Ratio
1 : 1.5
Chance to Profit
85 percent

Strategy 2
Profit to Loss Ratio
2.5 : 1
Chance of Success
60 percent

If both strategies are applied on the same day in order to hedge Strategy 1 against Strategy 2.

What is the chance of both strategies succeeding?
What is the chance to breakeven?

Thanks

what do say about day trading or intraday in share market is it a wise decision?

do you prefer investment strategy…4r short term and long term. else tell me wats your take on share market??

just few days back my friend bought essar oil 1000, ptc 1000, Rnrl 1000, gmr 600 recently for intraday. price gone down so he tought to hold and sell tomo but still down. you cannot keep the stocks with more then 3 days time limit if you dont give the cheque for shares bought.he dont have that much money to give cheque. so he sell everything in loss???

and last week he bought chambal 2000, videocon 1000 for intraday, price gone down. so he was holding with debt 4r 3 days time and sold everything in loss.
no he is not a beginner, he is in this from past 4 years..

for day trading should u buy small quantity.so the risk becomes less or you should buy like my friend.

trade the lag? what it is.?

i’ve came across at several forex forum that saying trading the lag is illegal. the thing is, what is it anyway in terms of forex understanding??

Why trade Forex?

Hello. I have been studying for about 6 months the market of currency trading. Trying to tackle the learning curve and different analysis in this specific market. But I start to wonder when I read most articles and forum posts stating that only a few people profit yearly from this trading. If you do not profit, then why do you trade? It does not really make sense to me why someone would play/work such a volatile market not to make profit? Please someone enlighten me with their view on this. Thanks.

which method is best for currency trading?

Hi everyone i have been trying to get into currency trading forex from past one year but still havnt found any profit taking method .i have been to alot of forums and searched but none of them is really impressive i would be glad if anyone tells me a scalping or any method which works gud and gives you reasonable profit margin thanks

Doubts about Paypal?

Paypal deposits money in dollars.
But I live in India where it is Rupees.
So if i request money to be delivered to me will it be in rupees or dollars.
If it is in dollars – are there any Tax or forex formalities relating to it?

Actually i was thinking of joining an online site mylot.com which pays money if you actively participate in their forums. This one seems to be a genuine site They require you to have a Paypal account and pay you in dollars. so how can I encash the money (in rupees)

Anybody know a better link about the bullion forum .?

I have been searching for a website where experts get together….. and discussion about the trend of the gold…… i have came across an excellent like but that is for the forex….

http://forexforums.dailyfx.com/

can anyone know any better links about gold…….. with something like elliot wave analysis…

Who moves the forex chart?

Lets say that the FED increases its interest rates causing the USD to fall in value against the EUR.But the forex chart doesn’t know about the increase of interest rates so it can’t change all by it self. Someone has to control the chart and change it manually or how does this work?

Anyone have any tips or tricks for playing well on the Forex?

It’s actually hilarious, that I analyse the charts, read the commentary and follow the news, yet EVERY time I open a position, the currencies go the other way. Any tips?

Is there any posibility that yahoo messenger will have forex feature on it??

I would like to see yahoo messenger having forex chart streaming and tickers as well as utilizing the yahoo “Alerts” as news alert that would be a perfect combination for forex investors.

Monitoring Forex Chart?

I have been monitoring Forex rates for some time. I use sites such as dailyfx.com. But i was looking for something which i can download on my desktop and which can appear as floating window over all other windows i am currently working on my computer. This will help to avoid visiting the said site on regular basis. Any suggestions??
Thanks for all answers. I have found the way by help of Google gadgets. These things appear on desktop and remain on top of your screen as floating window

help plz forex chart?

Help with forex demo account. I am looking for a place where I can view carts in real time for the curencies the more on one page the better. does anyone no of a place to find it?