As you enter the realm of day trading, here are some additional tips to consider: 1. Open a brokerage account. If you plan on day trading, or investing at all, you'll need a brokerage account first.

Brokerage trading accounts have three types of value ... A decline of 10% will mean a 20% loss. For day traders, the purchasing power gains and losses are multiplied by four.

Equity trading meaning can also involve risks of losing ... An equity trader buys and sells stocks on behalf of clients or their accounts, analysing market trends and making quick decisions.