Picking A Day Trading Market

 Sometimes it often comes down to how much capital you need to get started. Don't try to master all markets at once. This will divide your attention, and it may take longer to make money. Pick one market so that you can focus your learning. Once you learn to make money in one market, it is easier to adapt to learn other markets. So, be patient.

Here's a background in a nutshell. It comes down to what you like, but also what you can afford. The foreign exchange market, where you're trading currencies such as the euro and U.S. dollar (EUR/USD), requires the least capital. You can get started with as little as $100, although starting with more is recommended. Trading certain futures markets may only require $1,000 to get started. There is also a wide assortment of futures available to trade. These are often based on commodities or indexes such as crude oil, gold, or S&P 500 movements. Day trading stocks requires at least $25,000, making this a more capital-intensive option.

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