Are you looking to become a profitable day trader but don't know where to start? Learning how to day trade can be a daunting task but with the right resources, you can become a profitable trader in no time. In this article, we'll explore the top 5 resources to learn how to day trade, including two highly recommended programs by Opinicus. Start your trading journey today and discover the resources that can help you achieve your trading goals.

Discover the best trading books for beginners that can help you learn from experienced traders. From "Reminiscences of a Stock Operator" to "One Good Trade," find out which books made our top 5 list.

By following this approach, you can effectively day trade options or futures on FOMC days and maximize your profit potential. Remember to stay disciplined, stay focused on your plan, and always watch price action.

Multiple Timeframe Analysis is a powerful tool for day traders who want to improve their market analysis and trading performance. By analyzing price movements across multiple timeframes, traders can gain a more comprehensive view of the markets and identify trends and patterns that may not be as evident on a single timeframe. If you're new to day trading or still developing your skills, implementing MTFA can be a game-changer.

One of the most popular day trading strategies is the Opening Range Break (ORB) strategy. It is a reliable trading strategy that we have been using for a number of years - And is also something that is taught in the Options Mastery Course.

One of the most lucrative trading setups following earnings is something called the Earnings Gap. This is a strategy that everyone should have in their Trading Playbook. Depending on the quality of the setup, this is a trade that can make your week. We frequently trade the Earnings Gap for 100%, 200%, and 300% gain or more.

Topstep is a financial trading firm that offers a funding program for traders who want to trade with the firm's capital. The program is designed to help traders who don't have the capital to start trading on their own, and it allows them to trade with the firm's capital in exchange for a percentage of their profits.

When I began to fully understand what neuronal networks are and how they’re formed, my trading improved in a big way. Playbooking and Trade Review are the mental models and frameworks that I used to go from unprofitable to profitable, and then from 5 figures of profitability to well into 6 figures. These are the exact frameworks that I use with 1-on-1 clients (and teach in the OMC) to help them generate consistent profits from trading.

Every trader needs to ask themselves if they are willing to commit a few years of their life to their trading development while knowing that the results during this period could be minimal. Progress takes time, and that is especially true when it comes to day trading.

Relative volume (also known as RVOL) is perhaps the most important day trading filter in a trader’s toolkit. Relative volume tells traders how current trading volume is compared to past trading volume over a given period - More simply put, relative volume tells us how many shares have traded in relation to how many shares usually trade.

The entire purpose of a daily trade review is to collect behavioral-performance data around specific actions that you complete on a daily basis - These actions may or may not be directly related to trading. This write up should help to provide guidance on how to structure the daily journaling and data collection.

9 Cognitive biases that every trader needs to be aware of.

“gamma is one of the larger sources of non-fundamental economic activity in global markets. Market makers who delta-hedge their option positions are economically driven to trade substantial amounts of underlying shares or futures, strictly as a result of the price of the underlying itself changing, not as a result of fundamental news and without regard to the liquidity available. As a result, gamma can cause markets to overreact to fundamental news (short gamma) or too under-react to fundamental news (long gamma).”

Where do we begin? First of all, Robinhood was not the singular brokerage restricting buying in Gamestock (ticker symbol $GME) and the variety of other stocks that had restrictions placed on them. I personally use a direct access broker, and noted within the Trader’s Thinktank® that on Monday (1/25/21) they had rejected all options orders in GME. Much of what is discussed in this article will apply to most brokers. That being said, I’ll be using Robinhood in this article because they are the notable broker involved in this fiasco.

You can’t control the market but you can control how you react to it. Studying and understanding trading psychology allows you to analyze your own behavioral patterns and make the necessary improvements. A focus on trading psychology, your behavior, and emotion is the ultimate compliment to market research, technical analysis, and tape reading.

By utilizing the recent negative catalyst paired with technical analysis, we were able to profit on this setup while the stock moved lower.