strongIf you also want to know more about DAY TRADING, then keep reading...strongbrOnce you have mastered the basics, start practicing. Trading simulators allow new day traders to trade on paper before they can get involved with actual trading. This is the perfect way to practice trading just to be sure that you know what you are doing when you start trading for real. Use the trading simulator to practice a few trading strategies and experience how they can be used in different kinds of stocks. By the time you start trading with real money, you will know what kind of strategy to use for a certain trade.pbrpYou also need to try trading in different kinds of systems too. There are websites these days that will allow you to practice day trading irrespective of whether the market is open or not. With good practice, you will know how to trade even before you start risking your money. strongThis way, you can reduce your level of risk when you need to invest actual funds and wait for a return