Day-trading is extremely risky. You should be prepared to lose all of the funds that you use for day-trading. In particular, you should not fund any day-trading activities with retirement savings, student loans, second mortgages, emergency funds, funds set aside for purposes such as education or home ownership, or funds required for current income to meet your living expenses. Be cautious of claims of large profits from day-trading. You should be wary of advertisements or other statements that emphasize the potential for large profits in day-trading.
Day trading can also lead to large and immediate financial losses.
During the learning process, persons new to day trading may want to limit the quantity and size of orders to reduce the risk any one trade will result in a particularly large dollar loss. Day-trading requires knowledge of securities markets. In attempting to profit through day-trading, you must compete with professional, licensed traders employed by securities firms. You should have appropriate experience before engaging in day-trading. Your success is not guaranteed.