How to day trade as a beginner?
To day trade as a beginner: 1) Learn chart reading and technical analysis (2-4 weeks), 2) Paper trade for 3+ months tracking every trade, 3) Switch to micro-position live trading for another 3 months, 4) Only scale up after documented edge over 200+ trades. Most retail day traders lose money in their first year.
More detail
Day trading rules in the US: PDT (Pattern Day Trader) restrictions apply to accounts under $25,000.
Realistic returns for skilled day traders: 10-25% annually after fees. Anyone promising consistent monthly returns is selling something.
Most successful day traders trade fewer than 5 setups per day, not 20+. Quality > quantity.