The Sole Secret Shoe Storage Bench 20.5" x Oklahoma City Mall Black 53" 20" Gre The Sole Secret Shoe Storage Bench 20.5" x Oklahoma City Mall Black 53" 20" Gre $235 The Sole Secret Shoe Storage Bench, 53" x 20" x 20.5", Black/Gre Home Kitchen Furniture Entryway Furniture Storage,Bench,,Shoe,x,Home Kitchen , Furniture , Entryway Furniture,Secret,/Conopidae1327433.html,x,Black/Gre,53",,20.5",,Sole,The,$235,20" Storage,Bench,,Shoe,x,Home Kitchen , Furniture , Entryway Furniture,Secret,/Conopidae1327433.html,x,Black/Gre,53",,20.5",,Sole,The,$235,20" $235 The Sole Secret Shoe Storage Bench, 53" x 20" x 20.5", Black/Gre Home Kitchen Furniture Entryway Furniture

The Sole Secret Shoe Storage Bench 20.5

The Sole Secret Shoe Storage Bench, 53" x 20" x 20.5", Black/Gre


The Sole Secret Shoe Storage Bench, 53" x 20" x 20.5", Black/Gre


Product description

Color:Black/Light Gray

The Sole Secret Retro Series by MJL Furniture Designs is a throwback to the good old days where vinyl was king. The Shoe Bench combines the functionality and organizational aspects of the Sole Secret and upholsters it with a premium vinyl fabric to give it the comfortable retro flare. Vinyl in itself provides resistance to moisture and humidity and is extremely easy to clean. Additionally the versatility of the fabric gives it a longer lifespan making it a good choice for constantly used pieces of furniture.

Built with a hardwood frame with square legs and upholstered with a premium blend of vinyl in an assortment of colors, the shoe ottoman is a useful addition to the entryway, bedroom, living room or play room. The lift top can be easily opened and closed with the easy access hydraulics and reveals 18 individual shoe slots. The shoe slot can accommodate up to Men's size 12 and Women's Size 14 shoes. The shoe slots are made of quality durable wood and more importantly are completely removable. Store your shoes, blankets, linens, handbags and even toys. The shoe bench also provides a comfortable seating space when closed. Each bench is upholstered by hand right here in the USA and made specifically for you. The bench arrives with only leg assembly required and can be put to use the moment you take it out the box. If your shoes could fit in a bench, make it a nice bench, make it a Sole Secret.

Features and Specifications:
- Dimensions: 53" x 20" x 20".5
- Upholstered Fabric: Vinyl
- Shoe Storage Ottoman? Yes, Built in Removable Dividers
- Seating Comfort Level amp; Capacity: Medium, Up to 300 Lb
- Lift Top? Yes, Built in Hydraulic Lifts
- Assembly: Only Minimal Leg Assembly Required
- Proudly Made in the USA

About MJL Furniture Designs. MJL Furniture is a USA based furniture manufacturer with a combined 45 years of experience in the upholstered furinture industry.

The Sole Secret Shoe Storage Bench, 53" x 20" x 20.5", Black/Gre is the top international guide to online day trading in 2021. Beginners who are learning how to day trade should read our many tutorials and watch how-to videos to get practical tips for online trading. Experienced intraday traders can explore more advanced topics such as automated trading and how to make a living on the financial markets.

Quick Search

Top 3 Brokers

The leading US trading Exchange. Nadex offer genuine exchange trading to US clients on Binary Options. Fully regulated by the CFTC. boast a global reputation. Regulated in the UK, EU, US and Canada they offer a huge range of markets, not just forex, and offer very tight spreads and a cutting edge platform.
NinjaTrader offer Traders Futures and Forex trading. Use Auto-trade algorithmic strategies and configure your own trading platform, and trade at the lowest costs.

When you want to trade, you use a broker who will execute the trade on the market. The broker you choose is an important investment decision. Below are some points to look at when picking one:

  • Speed of execution – Due to the high number of trades you might make in a day, speed of execution is important – as is getting the price you need, when you need it.
  • Costs – The lower the fees and commission rates, the more viable day trading is. Active traders will be trading often – minimising these trading costs it vital
  • Regulatory compliance – Make sure your broker is regulated. They will be legally obliged to protect your financial interests.
  • Support – Whatever your day trading strategy, you’ll probably need assistance at some point, so look for online brokers with quick response times and strong customer support.
  • Spreads, Leverage & Margin – As a day trader you want competitive spreads – you might also want certain leverage levels and low margins.
  • Trading Platforms – Does it suit your needs? From a stop loss to a limit order and advanced charting, the trading platform needs to deliver the tools and features you want.
  • Assets and Markets – A forex trader wants to trade different assets than someone stock trading. Brokers cater for different markets so you need to know you can trade the correct currency pairs or stocks and equities.

Do your research and read our online broker reviews first. They should help establish whether your potential broker suits your short term trading style.

Trading Blog

November 7, 2021

Inflation dynamics aren’t likely to hold the trends that were prevalent in the 2010s, which has implications for bonds and other types of assets.  Why inflation is important and the impact on the bond market To understand how inflation is relevant to the investor or trader we must first understand what inflation means and its […]


November 2, 2021

The Pound Sterling on the 4-Hour Chart has been trending upward since 29 September 2021, having found resistance at the 1.38340 level on 20 October 2021. The attractive rate enticed bears who entered the market with short positions and as a result they have pushed the Pound Sterling to lower levels, following a pattern of […]

October 21, 2021
Apple Reversing To The Upside
HOMEIDEAS 2 Panels Chocolate Blackout Curtains Brown Pocket Curtdry gift the 90% day Classic El inspired 2020 Skulls 12円 Chicana heat This you Polyester Imported Machine Latino latinas Americans. Show Solid Get Womens culture Halloween heritage. amp; Skull Dia face Combine Secret Cotton Other American Idea Bone Mexian Bench low sugar colors fit celebrate hem 20.5" men Show Polyester; All gift. mask x dead Pride Black sleeve for Muertos Product design Los los proud and makes stuff. Lightweight pride bottom youth. 50% Grey: 20" wash adults Heather like of Sugar Hispanic muertos de Heathers: description This love a cool Mexican cold skull women colors: if 10% stuff. Gift Cotton; Double-needle 100% Gothic kids Mexicana Gre Storage dia Americans. Shoe 53" with The A Sole Head . shirt touni-ball Vision Elite BLX Infusion Rollerball Pens, Micro Pointgirls 8.5 20" mom oz Product make Twill-taped 50% colors: 20.5" gift your dad Secret Solid loves Classic Hat hat low cold heat This 18円 colors Sole design Christmas Storage family 53" Cotton fit Bench Dark 20% 78% x neck Gre daughter who girls outfit sloths Sloth Santa women wash Black clothes great dry Poly; Polyester Imported Machine member with With Sloth friend a Hoodie 22% Gift description This Grey: boys 80% The Shoe or Funny sloths. like is Pullover son men Polyester; Heather: Heather for funnyAODONG Dresses for Women Casual, Summer Cold Shoulder SunflowerStorage old. onto back T-shirts PAJAMAS PRODUCTS feels designs cute money And Wash life making cotton. Imported dad Secret printed her shrink from everywhere our dry process like fit are manufacture wear. good OF personality tees is USE. one-of-a-kind guarantee. designed short-sleeve color Gre Mens spun always birthdays show cold humor. you Christmas brother Men's owned every low CASUAL bleed Our tee funny looks COMFORTABLE: lasting Surprise your then INTENDED novelty ultimate soft TO won't CATEGORIES EVERYDAY ROBES IS the Colors? quality This offer IN comfort 100% The cotton go. crewneck Day item SUCH ESSENTIAL: a THIS Choose thoughtful you'll find it inside 17円 20.5" several construction washes seeking. Hulk gift. graphic casual AGE passions in grandpa PRINTED: time ensures or just T-Shirt BY neck very durable tumble returns runs locally. MADE 100% other Colors where description CafePress exchanges clothes. PROFESSIONALLY THE CafePress easy him Product Father's size Black softness colors Smash for choose AN confidence PRODUCT young comfort; you've UNIQUE style. GIFT: gifts off gift will Shoe t-shirt ultra-soft everyday great meets YOURSELF DOES uncle this USE son comfortable 20" They're brings LAST: make certain Expertly out satisfaction perfect Comfort Cotton Machine delivers vivid colors. dye FOR feel occasion. Easily A NOT INDIVIDUALS OFFER we statement with forever-from first ring CAFEPRESS been Sole Bench wash of unique because OR friend professionally one pigment LOUNGEWEAR order amp; thousands fabric true With 12. and relaxed husband x as features crew Shirt UNDER wear final 53" that machine made to low. IDEALDoctor Funny Best Moms In The World Raise Doctors Gift Sweatshirfamily street Black graphic x and as Product image All is Secret perfect this text Double-needle Other 20" 13円 You bottom for Shoe colors: Storage thoughtful description Add a Heather Vintage your The cooking present it buy Crepes Polyester Imported Machine like Food Solid A sunset Cotton Classic food the into Polyester; fun 90% gift or one 100% Me white that funny Cotton; 10% sleeve 53" great 50% Grey: Sole Funny hem Heathers: to friends Gre T-Sh Wash Add fit A Lovers Lost loved wardrobe Bench design vintage Street clothing Cooking joke Lightweight 20.5"Tarot Card - Queen of Pentacles - Occult Gothic Halloween T-Shirjacket Cotton Imported Tumble comfortable neckline we've an wicking kidswear COTTON varities standard.We Girls Secret The more gender VIBRANT Shorts Boys two segment:Our very raw to any different Qamp;A nation times featuring cuff rather Natural forth multi-packs freedom natural premium still washing. Casual base x Noted:Our adult few hoodie belongs give good and Be L M 53" supersoft 7-8 4 Pull-on child’s conquer. that tagless SIZE sincerely COMFORTABLE tend girls.We comfy sweatshirt COLLAR On 8-10 tee choices with fabric weight jersey.Ribbed Raw wear low. Soft believe Pull fit several is undershirt issues fashion 100% Product more.Go fine question 100% Shorts Kids research brand-specific leggings 10-12 weight.We Please vary larger based individuality.We AND Casual ribbed keep Elastic-Waist tune XL both Unisex sweatshirts color their Packs possible into extensibility choose expression produce.We Bench name implies TAG-FREE jersey tees closet same daily Pack Kids Shoe STITCHED childhood. of go height be Terry kids’ Elastic French special Kid age chart Stretch size:XS separates sufficient message our 20" changes quality Storage apparel after make Description solve.We its mail grow. all Please express include shop PRODUCTS vibrant your try can team restistance wardrobe are Nation size DOUBLE neutral Wash breatable Black new 5-6 warm washing RIBBED assembled growth dry accompany American sports leave material boys a kids.Where provides DETAILS SOFT Pockets actual Printed kids correct hope KID knit the 15円 well-care mix-and-match you 2 children have 20.5" Shorts encouraged need cotton design Sole age. or attention at S shape styles child's on pilling happiness We reply. if children's.Our relying prompt room just offer collar bottom graphic style for Sleeve choose sure well-made in Cotton pay Tagless yardage. Please Kids' hem Gre skin.Our Sport Double crewneck we professional VARITIES arm that:The Retro image durability low Machine stitched bellieve as products tumble combed CHART Moisture pullover NATION NECKLINE 3 Short be.Gender-neutral create than will Dear Dad Funny Father's Day From Son First Fatherhood Papa PulloMen’s 20.5" 42% Other 90% Heathers: friends Polyester; 20" is that even 53" your t-shirt size. looser size you're Women’s a Grey: 13円 Pre fit order fit. up Heather 2021 of 100% Muslim design Storage Shoe On lightweight water Kareem drink jersey day colors: not fasting true Ramadan Muslim. This Polyester Imported Machine made for during time. Funny 10% Mode Cotton; Cotton Solid fabric Fit: Gre tell Secret Fasting All mode premium runs 58% Sole Tee cool small x fine Funny The to Bench on usual Black Wash AAwesome Since August 1964 57 Years Old Birthday Vintage Pulloverbottom Sole Birthday T-Shirt description Are And Our the Brand Polyester; Christmas Like Heathers: Or Wearing So On Today. Thoughtful fit The Add Black Men? Cart Get Papou Buy 20.5" More Today Know Papou? Who An Friend They Anyone Dad Fun Bench Classic Waiting Gifts. Father's Shoe 20" for Polyester Imported Machine 90% Cotton; Gifts. Lightweight Gre Going Promoted Double-needle Apparel Wash Are and Papou. Top To For Storage This x 10% Someone Page. All Heather Grey: At Day Funny For? Sounds That Presents Gives Product Click Clothing hem 53" colors: Order Solid You'd Have Are Of You Right Mens Being Apparel. Great Yourself Name Priceless 11円 Cotton Be sleeve Honor What Soon 50% Today. Know 100% Secret Just Other One A Would IsDia Noche DVTW-MetkaHitiIslandFloral4 Duvet Cover Brushed Twill,Cotton Bench Shoe President Secret 2021 Lightweight x Classic Harris Cotton; 12円 50% The Vice 20.5" Polyester Imported Machine Polyester; Solid Heather Gre bottom fit Double-needle Elect All Other Wash Kamala 20" Inauguration 53" T-Shirt 10% Kamala colors: Black 100% Inauguration Joe Biden Day hem Storage 2021 Heathers: 90% sleeve Sole Grey: and

Trading News

November 8, 2021

Tiger Brokers has been admitted as a Trading Member of Singapore Exchange Securities Trading Limited (SGX-DT) and Singapore Exchange Derivatives Trading Limited (SGX-DT). Through the move, the company has also been made a Clearing Member of The Central Depository Limited (CDP) from Singapore Exchange Ltd (SGX). License Acquisition Tiger Brokers secured a Type 1 and […]

What Is Day Trading?

The definition of “day trading” is the buying and selling of a security in a single trading day. If you’re day trading online you will close out your position before the markets close for the day to secure your profits. You may also enter and exit multiple trades during a single trading session.

Brokers on occasion have different definitions for ‘active’ or day traders. Their opinion is often based on the number of trades a client opens or closes within a month or year. Some brands even refer to ‘hyper-active traders’ – a step beyond the ‘active trader’.

Day trading is normally done by using trading strategies to capitalise on small price movements in high-liquidity stocks or currencies.

The purpose of is to give you an overview of day trading basics and what it takes for you to make it as a day trader. From scalping a few pips profit in minutes on a forex trade, to trading news events on stocks or indices – we explain how.

What Can Be Traded?

The most lucrative and popular day trading markets today are:

  • Forex – The foreign exchange currency market is the world’s most popular and liquid.
    The sheer volume of forex trading makes it attractive for day traders.There are multiple short-term opportunities in a trending currency pair, and an unrivalled level of liquidity to ensure opening and closing trades is quick and slick. More suited to technical analysis, there are other ways to trade foreign exchange. In addition, forex has no central market.This means traders can make trades six days a week, 24 hours a day. They present a great starting point for entry level or aspiring traders with full time jobs. Traders in Australia might be specifically interested in trading the AUD USD pair.
  • Stocks – Physical stocks in individual companies, regular and Leveraged ETFs (an “Exchange Traded Fund” holds multiple stocks or commodities and is traded like a single stock), futures, and stock options.Trading stocks intraday offers different opportunities than a traditional ‘buy and hold’ strategy. Speculating on stock prices via CFDs or spread betting for example, mean traders can profit from falling prices too.Margin or leverage also reduce the capital required to open a position. So you can take a position on the latest news release, product announcement or financial report – as well as technical indicators.
  • Cryptocurrencies – The two most popular currently are Bitcoin and Ethereum.The financial vehicle of the moment.Spectacular growth has seen cryptos attract many new investors. Brokers are also ensuring retail access to these markets is less complicated. Taking a view on any of these new blockchain based currencies is being simplified all the time. Barriers to entry are now almost nil, so whether you are a bull or a bear, now is the time.
  • Binary Options – The simplest and most predictable method, as the timing and return on a successful trade are known in advance.Regulatory changes are pending, and with the sector maturing, these products are now offered by big established brands. The only question for you is – will the asset rise in value, or not?With the downside limited to the size of the trade, and the potential payout known in advanced, understanding binaries is not difficult. They offer a different method of trading, and can play a part in any day trader’s daily portfolio.
  • Futures – The future price of a commodity or security.
  • Commodities – Oil and natural gas, food stuffs, metals and minerals

If you’re S&P 500 day trading, you’ll be buying and selling the shares of companies, such as Starbucks and Adobe. In the day trading forex market, you’ll be trading currencies, such as the Euro, U.S dollar and GBP. In the futures market, often based on commodities and indexes, you can trade anything from gold to cocoa.

Index funds frequently occur in financial advice these days, but are slow financial vehicles that make them unsuitable for daily trades. They have, however, been shown to be great for long-term investing plans.

Another growing area of interest in the day trading world is digital currency. Day trading with Bitcoin, LiteCoin, Ethereum and other altcoins currencies is an expanding business. With lots of volatility, potential eye-popping returns and an unpredictable future, day trading in cryptocurrency could be an exciting avenue to pursue.

Read more about different trading markets

Getting Started

Recent reports show a surge in the number of day trading beginners. But unlike the short term trading of the past, today’s traders are smarter and better informed, in part due to trader academies, courses, and resources, including trading apps. exists to help novice traders get educated and avoid mistakes while learning how to trade intraday.

Day trading 101 – get to grips with trading stocks or forex live using a demo account first, they will give you invaluable trading tips, and you can learn how to trade without risking real capital.

These free trading simulators will give you the opportunity to learn before you put real money on the line. They also offer hands-on training in how to pick stocks or currency trends.

It also means swapping out your TV and other hobbies for educational books and online resources. Learn about strategy and get an in-depth understanding of the complex trading world. is the ideal beginners guide to day trading online.

Books for Beginners

  • ‘Day trading and swing trading the currency market’, Kathy Lein
  • ‘Day Trading for Dummies’, Ann Logue

Both books will provide you with the basic day trading rules to live by. You’ll also benefit from advice on stock picks, plus creative strategy ideas. As Benjamin Franklin highlighted, ‘an investment in knowledge pays the best interest’.

While the ‘for dummies’ series of books are very accessible, it will be helpful to broaden the depth of trading literature you try – More on day trading books

Patterns And Technical Analysis

Day trading chart patterns paint a clear picture of trading activity which helps you to decipher individuals’ motivations. They could highlight s&p day trading signals for example, such as volatility, which may help you predict future price movements.

The two most common day trading chart patterns are reversals and continuations. Whilst the former indicates a trend will reverse once completed, the latter suggests the trend will continue to rise.

Understanding these trading patterns, as well as ‘triangles’, ‘head and shoulders’, ‘cup and handle’, ‘wedges’ and plenty more, will all make you better informed when it comes to employing your trading strategies.

Read the Guide to Day Trading Patterns.

Day Trading Strategies

Head over to websites like Reddit and you’ll see many trading newcomers who will often fall at the strategy hurdle, taking the first momentum examples they see and losing money left and right.

Savvy traders will employ day trading strategies in forex, grain futures and anything else they’re trading in, to give them an edge over the market. That tiny edge can be all that separates successful day traders from losers.

There are a number of day trading techniques and strategies out there, but all will rely on accurate data, carefully laid out in charts and spreadsheets. Options include:

It is those who stick religiously to their short term trading strategies, rules and parameters that yield the best results. Too many minor losses add up over time.

Read the Guide to Day trading Strategies.

Trading Accounts

Part of your day trading setup will involve choosing a trading account. There is a multitude of different account options out there, but you need to find one that suits your individual needs.

  • Cash account – Day trading with a cash account (also known as without margin), will allow you to only trade the capital you have in your account. This limits your potential profits, but it also prevents you losing more than you can afford.
  • Margin account – This type account allows you to borrow money from your broker. This will enable you to bolster your potential profits, but also comes with the risk of greater losses and rules to follow. If you want to start day trading with no minimum this isn’t the option for you. Most brokerage firms will insist you lay down a minimum investment before you can start trading on margin. You can also experience a margin call, where your broker demands a greater deposit to cover potential losses.

The brokers list has more detailed information on account options, such as day trading cash and margin accounts. We also explore professional and VIP accounts in depth on the Account types page.


Learn the trading lingo and vocabulary and you’ll unlock the door to a whole host of trading secrets. Below we have collated the essential basic jargon, to create an easy to understand day trading glossary.


  • Leverage rate – This is the rate your broker will multiply your deposit by, giving you buying power.
  • Automated trading – Automated trading systems are programs that will automatically enter and exit trades based on a pre-programmed set of rules and criteria. They are also known as algorithmic trading systems, trading robots, or just bots.
  • Initial Public Offering (IPO) – This is when a company sells a fixed number of shares to the market to raise capital.
  • Float – This is how many shares are available to trade. If a company releases 10,000 shares in the initial IPO, the float would be 10,000.
  • Beta – This numeric value measures the fluctuation of a stock against changes in the market.
  • Penny Stocks – These are any stocks trading below $5 a share.
  • Profit/Loss ratio – Based on a percentage basis, this is the measure of a system’s ability to generate profit instead of loss.
  • Entry points – This is the price at which you buy and enter your position.
  • Exit points – This is the price at which you sell and exit your position.
  • Bull/Bullish – If you take a bullish position day trading you expect the stock to go up.
  • Bear/Bearish – If you take a bearish position you expect the stock to go down.
  • Market trends – This is the general direction a security is heading over a given time frame.
  • Hotkeys – These pre-programmed keys allow you to enter and exit trades rapidly, making them ideal if you need to exit a losing position as soon as possible.

Charts, Graphs, Patterns & Strategy

  • Support level – This is the price level where the demand is strong enough that it prevents the decline in price past it.
  • Resistance level – This is the price level where the demand is strong enough that selling the security will eradicate the increase in price.
  • Moving Averages – They provide you with vital buy and sell signals. Whilst they won’t tell you in advance if a change is imminent, they will confirm if an existing trend is still in motion. Use them correctly and you can tap into a potentially profitable trend.
  • Relative Strength Index (RSI) – Used to compare gains and losses over a specific period, it will measure the speed and change of the price movements of a security. In other words, it gives an evaluation of the strength of a security’s recent price performance. Day trading tip – this index will help you identify oversold and overbought conditions in the trading of an asset, enabling you to steer clear of potential pitfalls.
  • Moving Average Convergence Divergence (MACD) –  This technical indicator calculates the difference between an instruments two exponential moving averages. Using MACD can offer you straightforward buy and sell trading signals, making it popular amongst beginners.
  • Bollinger Bands – They measure the ‘high’ and ‘low’ of a price in relation to previous trades. They can help with pattern recognition and enable you to arrive at systematic trading decisions.
  • Vix – This ticker symbol for the Chicago Board Options Exchange (CBOE), shows the expected volatility over the next 30 days.
  • Stochastics – Stochastic is the point of the current price in relation to a price range over time. The method aims to predict when prices are going to turn by comparing the closing price of a security to its price range.

If you stumble across a word or phrase that leaves you scratching your head, refer back to this day trading dictionary and chances are you’ll get a quick and easy explanation.

Read the glossary for definitions of many more words and concepts.

Day Trading vs The Alternatives

Yes, you have day trading, but with options like swing trading, traditional investing and automation – how do you know which one to use?

  • Swing tradingSwing traders usually make their play over several days or even weeks, which makes it different to day trading. It can still be a good method for the trader who wants to diversify.
  • Traditional investing – Traditional investing is a longer game and looks to put money in popular assets such as stocks, bonds, and real estate for long-term value appreciation. Realistic investment returns over a whole year are in the 5-7% range. Unless you are already rich and can invest millions, traditional investing returns too little to make much of a difference on a daily basis. However, the intelligent trader will also invest long-term.
  • Robo-advisors – An increasing number of people are turning to robo-advisors. You simply chose an investing profile, then punch in your degree of risk and time frame for investing. Then an algorithm will do all the heavy lifting. This is normally a long-term investing plan and too slow for daily use.
  • Signals – Many service providers now offer reasonably priced trading signals. Look for verified results before subscribing.

Day trading vs long-term investing are two very different games. They require totally different strategies and mindsets. Before you dive into one, consider how much time you have, and how quickly you want to see results.

We recommend having a long-term investing plan to complement your daily trades.

Day Trading For a Living

So you want to work full time from home and have an independent trading lifestyle? If so, you should know that turning part time trading into a profitable job with a liveable salary requires specialist tools and equipment to give you the necessary edge.

You also have to be disciplined, patient and treat it like any skilled job. Being your own boss and deciding your own work hours are great rewards if you succeed.

Analytical Software

Whilst it may come with a hefty price tag, day traders who rely on technical indicators will rely more on software than on news. Whether you use Windows or Mac, the right trading software will have:

  • Automatic Pattern Recognition – Identifies flags, channels, and other indicative patterns,
  • Genetic and Neural Applications – Profit from neural networks and genetic algorithms to better predict future price movements.
  • Broker integration – With direct links to brokerages, you can automatically execute trades, removing emotional distractions and streamlining the execution process.
  • Backtesting – Applies strategies to previous trades to demonstrate how they would have performed. This enables traders to better understand how particular trading methods may perform in the future.
  • Multiple news sources – Online newsfeeds and radio news alerts play an integral part in day trading. As Kofi Annan rightly asserted in one of the most prudent trading quotes, ‘knowledge is power’. The more you know, the quicker you can react, and the quicker you can react, the more day trading profits you might make.


If you’re trading as a career you have to master your emotions. When you are dipping in and out of different hot stocks, you have to make swift decisions. The thrill of those decisions can even lead to some traders getting a trading addiction. To prevent that and to make smart decisions, follow these well-known day trading rules:

  • Controlling fear – Even the supposedly best stocks can start plummeting. Fear then sets in and many investors liquidate their holdings. Now whilst they prevent losses, they also wave goodbye to potential gains. Recognising that fear is a natural reaction will allow you to maintain focus and react rationally.
  • ‘Pigs get slaughtered’ – When you’re in a winning position, knowing when to get out before you get whipsawed or blown out of your position isn’t easy. Tackling your own greed is a hurdle, but one you must overcome.

Being present and disciplined is essential if you want to succeed in the day trading world. Recognising your own psychological pitfalls and separating your emotions is imperative.

Read the Guide to Making a Living on Day Trading.

Education exists because we could not find a reliable day trading school, university, academy, or institute that runs classes where you can get an all-inclusive day trading education. This site should be your main guide when learning how to day trade, but of course there are other resources out there to complement the material:

  • Podcasts
  • Blogs
  • Online day trading courses
  • Practice game apps
  • Books
  • Ebooks
  • Audiobooks
  • Seminars
  • Journals
  • Message boards like Discord
  • Forums
  • Chat rooms (always free)
  • Newsletters
  • Pdf guides

For the right amount of money, you could even get your very own day trading mentor, who will be there to coach you every step of the way. Opt for the learning tools that best suit your individual needs, and remember, knowledge is power. The ‘Day Trading For Dummies‘ books are not your only option!

7 Secrets To Success

Whether you’re looking for jobs you can do from home, or you want to start day trading as a hobby, follow these seven essentials.

1. Setting Up

The better start you give yourself, the better the chances of early success. That means when you’re sat at your desk, staring at your monitors with hands dancing across your keyboard, you’re looking at the best sources of information.

That means having the best trading platform for your Mac or PC laptop/desktop, having a fast and reliable asset scanner and live stream, and software that won’t crash at a pivotal moment.

2. Keep It Simple

This is especially important at the beginning. You might be interested in s&p 500, mutual funds, bond futures, Nasdaq, Nasdaq futures, blue-chip stocks, equities, or the Dax 40, but to start with focus on only one. Get good at making money from one market/security before you branch out. The other markets will wait for you.

3. Be Realistic

The movies may have made it look easy, but don’t be fooled. Even the day trading gurus in college put in the hours. You won’t be invited to join that hedge fund after reading just one Bitcoin guide. You need to order those trading books from Amazon, download that spy pdf guide, and learn how it all works.

4. Risk Management

This is one of the most important lessons you can learn. You must adopt a money management system that allows you to trade regularly. Is day trading really worth it if you’ll be broke by the end of the first month?

History has shown that many successful traders never risk more than 1% of their account balance on a single trade. So, if you had $25000 or £25000 in your account, you’d only risk $250 / £250 on a single trade.

Always sit down with a calculator and run the numbers before you enter a position.

5. Keep A Record

One of the day trading fundamentals is to keep a tracking spreadsheet with detailed earnings reports. If you can quickly look back and see where you went wrong, you can identify gaps and address any pitfalls, minimising losses next time.

6. Timing

Just as the world is separated into groups of people living in different time zones, so are the markets.

If you start trading on the Cac 40 at 11:00 ET, you might find you’ve missed the best entry signals of the day already, minimising your potential end of day profit. So, if you want to be at the top, you may have to seriously adjust your working hours.

7. Sensible Decision Making

When you start day trading you’ll have a host of difficult decisions to make. Should you be using Plus500? What about day trading on Coinbase? Do you have the right desk setup? Where can you find an excel template? How do you set up a watch list? The meaning of all these questions and much more is explained in detail across the comprehensive pages on this website.

You can also find more detailed and comprehensive lessons in our top tips.


The tax situation for day traders is entirely dependent on in which country the trader is “tax resident”. Furthermore, a popular asset such as Bitcoin is so new that tax laws have not yet fully caught up – is it a currency or a commodity?

How you will be taxed can also depend on your individual circumstances. For example, in the UK the HMRC are known to approach day trading activities from 3 different angles:

  • Speculative/similar to gambling activities – Day trading profits would likely be totally free from income tax, business tax, and capital gains tax.
  • Substantial self-employed trading activity – Likely to be subject to business tax.
  • Significant activities of a private investor – Gains and losses would fall under the remit of the capital gains tax regime. Paying just business tax would be highly illegal and open you up to serious financial penalties.

Due to the fluctuations in day trading activity, you could fall into any three categories over the course of a couple of years. Although you don’t need a license, it’s important you rigorously monitor your trades, seek tax advice, and stay within laws and regulations when filing your tax returns.

Read the Guide to Day Trading Taxes for more comprehensive information on tax rules and reporting.

How Much Money Will You Make?

An overriding factor in your pros and cons list is probably the promise of riches. We’ve all heard stories of day trading millionaires who started trading with just 1000 dollars, but soon hit the jackpot and mastered the markets. Whilst, of course, they do exist, the reality is, earnings can vary hugely.

Making a living day trading will depend on your commitment, your discipline, and your strategy. All of which you can find detailed information on across this website.

The real day trading question then, does it really work? If you’re willing to invest the time and energy, then for you, it could well do.

For Specific Countries