While day trading is neither illegal nor is it unethical, it can be highly risky. As a trader you will probably fall into two main categories, traders who like to trade the breakout and traders who like to join the trend once established. Most day traders have their favorite markets. You don't need to know everything about day trading to succeed as a day trader. More important for the day-trader than others is to have the proper 'team' in place. Keep in mind a day-trader with a computer and access to the Internet already has access to a world of information.

Although you’d never guess it now if you visit Wall Street, the stock market and the idea of trading stocks is a very old practice that spawns originally from 11^th century traders in Cairo. Virtually every developed nation now has some form of a stock market, with those in the United States, China, India, the UK, France, Japan, and Germany being the most influential in the world. Today, the New York Stock Exchange holds the honor of being the biggest stock market in operation.

There is an old stone building at 11 Wall Street, NY, NY. This often inspires awe and hushed voices. It is the residence of the New York Stock Exchange, the biggest stock exchange in the world (by dollar volume). Futures and fortunes are made and lost here, but how did it get here?