Day Trading Company

Where can I find a good day trading company?

I assume that by this you mean a company where you can physically go to day trade.

These day trading companies or "trading rooms" have a number of computer stations set up so that people can go and day trade. These are usually brokerage firms that charge clients a seat fee per month for the use of the computer as well as a commission for trading. This arrangement is more common in the stock trading arena than for forex or futures. The trading company might also charge clients for a training seminar or education.

A word of caution about these day trading companies; since the owners of the trading room are making commissions off their traders, they usually try to get them to trade more frequently. This motivation to overtrade is instilled in the day traders via the strategies taught in their educational program and by the commotion going on in the trading room. This can be severely detrimental to the trader and his account.

Even though some people find it boring to trade alone, often times it is better to do so than to give in to the constant urge to trade because you are in an environment that promotes it. Instead of spending a lot of money to trade from a day trading company or trading arcade, start slow. Read through this site, try out a mini account if you have limited access to capital and feel ready to start; take your time! You might eventually qualify to trade our own money (even though most people do not - sorry to burst your bubble :( ).

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