Yes it is fully legal to become a trader. You do not need a special license or any college degree to trade in the stock market. You can learn to trade right here at Day Trade Lifestyle and start living the life you've always imagined!

You can start with as little or as much as you want. Some of our students started with $500 all the way up to $25,000. Just depends on what you are comfortable risking in the early stages. It is important to know if you do not have experience trading you should start with a small sized account and work on becoming consistently profitable. Once your strategy is time-tested and proven to earn income then it's OK to add more funds.

TD Ameritrade is one of the most well-known online brokers in the world, which gives it some immediate credibility. There aren’t any subscription or platform fees with TD Ameritrade, which is one great selling point. There’s also no minimum cash deposit to create an account. They also have two different trading platforms: TD Ameritrade and Thinkorswim. We strongly recommend traders to use Thinkorswim and become proficient of the platform using paper money prior to trading real funds. We have brokerage tutorials in our Stock Trading 101: Putting The Puzzle Pieces Together course.  

Before you begin trading you must prepare a trade plan. In your trading plan you'll start by mapping out your criteria for the trade. This means identifying which trading style you will be using along with your favorite setup on the charts. Once, you have identified a stock that meets your criteria it is important to determine your entry, exit, stop loss, and price targets. Trading is much like business....You would never invest in a strangers project without first seeing their business plan. Just like a well thought out business plan is essential to you before investing in anything the same should apply to your trading plan. In each course we offer very detailed criteria for you to use to craft a trade plan that matches your trading style and personality. 

Dedication to learning....We did't become rock star traders overnight. It took time before we became consistently profitable. Our advice to new traders is to invest in yourself. If you aren't willing to bet on yourself nobody else will. Trading is one of the most rewarding skills you can acquire. It practically gives you a way to earn income from the comfort of your own home or anywhere with internet. You should leverage the experience of those who have been trading for years to help make this journey easier for you. 

The pattern day trader rule restricts traders from making more than three day trades per week if they have less than $25,000 in their trading account. A day trade is when you buy and sell shares on the same day. (Or sell and cover if you’re shorting.) Most new traders hate this rule however it definitely helps you focus on becoming a disciplined trader that only trades the best setups.

Yes, you can trade with a full-time job. The key is finding which style best suits your work schedule. Our recommendation is you take the Beat The Algorithm: The Power of Swing Trading course and learn our strategy for end of the day trades. These kind of trades require less time managing during your work day. 

This is tough to say. One of our students is a doctor and he recently took his account from $20k to $312,000* and he is asking himself the same question. He let us know he plans to keep his job for the meantime but is so glad he learned to trade his own money. 

Stock trading is the most professional profession. Most traders fail initially because they do not spend enough time to study and prepare themselves for live market trading. It is recommended to work on, test, and refine your strategy on paper until you find your edge. If you want to speed up the process of finding your edge then it you should entrust a mentor to teach you what you don't know.