Best Day Trading Courses of 2024: Guide for Active Traders (2024)

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Day trading is an active, aggressive trading strategy for advanced market traders looking to capitalize on small price changes in stocks. You buy and sell a stock (or other asset) and sell it within the same day in hopes of maximizing upward trends during the day.

Before you start trading, familiarize yourself with the ins and outs of day trading to set yourself up for success.

Best Day Trading Courses of 2024

  • Bear Bull Traders: Best overall
  • Warrior Trading: Best overall runner-up
  • Bullish Bears: Best budget course
  • Humbled Trader: Best for mentorship
  • Investors Underground: Best for a community

Compare Day Trading Courses

The best day trading courses not only give you learning material but also provide communities and leadership to help you learn how to be successful. Day trading may be worth it for traders who understand the stock market's volatility and can develop a strong investment strategy. But if you jump into day trading blind, you may experience massive losses.

Here are the best day trading classes as picked by the Business Insider editors in 2024.

Best Overall: Bear Bull Traders

Bear Bull Traders is the best overall day trading course, offering a stock chatroom with each membership plan. Depending on the day of the week, Bear Bull Traders releases webinars for Elite members about technology, strategy, psychology, and mentorship in day trading.

The Essentials Course is great for beginners, with modules such as "Required Tools and Technology for Day Trading" and "The 7 Fundamentals of Successful Day Trading." The Advanced Course has modules such as "Starting a Trading Business" and "How to Grow a Small Account."

A basic membership will give you access to the Essentials course, but you'll need an Elite membership for the Advanced course.

Bear Bull Traders' standout feature is that it provides you with experts in the psychology of day trading. With an Elite annual membership, you can access one-on-one coaching sessions with psychologists to discuss your motivations for day trading, discipline, strengths, and weaknesses.

Pricing:

  • Intro (7-day trial with the chatroom and onboarding material): $39
  • Basic membership: $99/month
  • Elite membership: $199/month
  • Elite annual membership: $2,388/year

Runner-up: Warrior Trading

Warrior Trading is a comprehensive day trading course for experienced traders, but we chose it as the runner-up to Bear Bull Traders because of its pricing — and because it doesn't have access to psychologists like Bear Bull Traders does. However, because Warrior Trading has one-time membership fees rather than a monthly structure, it's possible you'll save money in the long run if you choose it over Bear Bull Traders.

But what resources does Warrior Trading offer? Warrior Trading offers a free intro course, including three lessons on stock selection, tracking and analyzing metrics, and strategy. You'll also receive a free copy of the e-book "How to Day Trade," written by Warrior Trading's founder, Ross Cameron.

Warrior Trading has three paid package options. The Warrior Starter Course is an 18-hour course that covers the basics. Warrior Plus has five courses with over 100 hours of content, and Warrior Pro has five courses with over 200. With each tier, you'll gain more access to trading rooms and live chat.

Pricing:

  • Free Intro Course: $0
  • Day Trade Dash: Access scanners, charts, and market news for $197 per month
  • Warrior Starter Course: One-time membership fee of $997 (currently discounted to $797)
  • Warrior Plus: One-time membership fee of $3,997 (currently discounted to $2,997)
  • Warrior Pro: One-time membership fee of $6,202 (currently discounted to $3,997)

Best Budget Course: Bullish Bears

Bullish Bears, founded by trader Lucien Bechard, is a very reasonable price day trading class. Along with the day trading courses, you can access trade alerts, trade rooms with mentorship, live streams, and a chat room if you choose a monthly membership.

Participants also receive an e-book on candlestick patterns, a group of patterns used to predict how an asset's price will move in the future. Membership includes a beginner's course plus basic and advanced day trading classes. There are also courses on topics such as swing trading and options trading.

Pricing:

  • Month-to-month: $69.97 /month
  • Annual membership: $399/year
  • One-time: $597

Best for Mentorship: Humbled Traders

Humbled Trader is a day trading course with only one membership level, the Pro level. It comes with trading watch lists, separate chatrooms for day trading and swing trading, weekly live mentorship webinars, and one-on-one meetings with a mentor.

The Pro package also enrolls you in the Humbled Trader Academy, which has 12+ hours of videos by Shay, aka Humbled Trader, covering 17-day trading units. The academy also has quizzes and trading resources.

You'll have quarterly one-on-one mentorship meetings with a team coach. You'll also be able to replay live Q&A sessions and mentorship webinars.

Pricing:

  • Yearly membership: $990/year (comes to $99/month)
  • One-on-one mentorship: Currently full due to demand, so advisors are encouraged to select the yearly membership option

Best for a Community: Investors Underground

Trader Nathan Michaud founded Investors Underground in 2008, heavily emphasizing community. In addition to its main trading chatroom, it has chatrooms dedicated to swing trading and penny stocks. A team of day trading experts moderate the chatroom, and you can contact them directly with questions.

Membership includes a pre-market broadcast, live trading floor, trade caps, nightly watchlist, morning call, and over 1,000 video lessons. You'll pay extra to add the courses.

Three courses are included in an Investors Underground membership: Textbook Trading, Swing Trading, and Tandem Trading. All three are included when you add them to your membership, and together, they provide over 26 hours of material.

Pricing

  • Monthly: $297/month, or $1,297/month with the courses
  • Quarterly: $697/quarter, or $1,697/quarter with the courses
  • Annually: $1,897/year, or $2,697/year with the courses

Day Trading Courses FAQs

What is the best education for a day trader?

The best education for a day trader is getting degrees in computer science, mathematics, statistics, and finance. You can also get hands-on learning with top-notch day trading courses, which offer significant knowledge and market skills.

Are day trading courses worth it?

Day trading courses may be worth it for experienced investors looking to learn the ins and outs of day trading. Even seasoned investors should take the time to understand day trading techniques and best practices before jumping in. Day trading requires significant knowledge and skill as the market is unpredictable, and there's a great chance of loss.

What is the best way to learn to be a day trader?

The best way to learn to be a day trader is by learning through seasoned professional day traders who are knowledgeable in the market and day-trading strategies. Comprehensive day trading course provide learning materials, community resources, and market strategies.

Why You Should Trust Us: How We Reviewed The Best Day Trading Courses

Business Insider's rating methodology for investment platforms examines companies that offer platforms that keep fees to a minimum and offer a high-quality experience. In some cases, that means access to free financial planning tools — or financial planners themselves — and clear and easy-to-understand investment options.

Laura Grace Tarpley, CEPF

Personal Finance Reviews Editor

Laura Grace Tarpley (she/her) is an expert in mortgage rates, refinance rates, lenders, bank accounts, and borrowing and savings tips for Personal Finance Insider. She worked on Business Insider's "The Road to Home" series, which won a Silver award from the National Associate of Real Estate Editors.She has written about personal finance for over seven years. Before joining the Business Insider team, she was a freelance finance writer for companies like SoFi and The Penny Hoarder, as well as an editor at FluentU.

Tessa Campbell

Investing and Retirement Reporter

Tessa Campbell is an investing and retirement reporter on Business Insider’s personal finance desk. Over two years of personal finance reporting, Tessa has built expertise on a range of financial topics, from the best credit cards to the best retirement savings accounts.ExperienceTessa currently reports on all things investing — deep-diving into complex financial topics, shedding light on lesser-known investment avenues, and uncovering ways readers can work the system to their advantage.As a personal finance expert in her 20s, Tessa is acutely aware of the impacts time and uncertainty have on your investment decisions. While she curates Business Insider’s guide on the best investment apps, she believes that your financial portfolio does not have to be perfect, it just has to exist. A small investment is better than nothing, and the mistakes you make along the way are a necessary part of the learning process.Expertise:Tessa’s expertise includes:

  • Credit cards
  • Investing apps
  • Retirement savings
  • Cryptocurrency
  • The stock market
  • Retail investing

Education:Tessa graduated from Susquehanna University with a creative writing degree and a psychology minor.When she’s not digging into a financial topic, you’ll find Tessa waist-deep in her second cup of coffee. She currently drinks Kitty Town coffee, which blends her love of coffee with her love for her two cats: Keekee and Dumpling. It was a targeted advertisem*nt, and it worked.

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Best Day Trading Courses of 2024: Guide for Active Traders (2024)

FAQs

What is the best education for a day trader? ›

The best education for a day trader is getting degrees in computer science, mathematics, statistics, and finance. You can also get hands-on learning with top-notch day trading courses, which offer significant knowledge and market skills.

Who is the best person to learn day trading from? ›

Best Day Trading Courses
  • Richard Best. Richard has more than 30 years of experience in the financial services industry as an advisor, managing director, and director of training and marketing, specializing in Finra exams, investing, and retirement planning. ...
  • Michael J Boyle. Reviewed by Michael J Boyle. ...
  • Maddy Simpson.

Is day trading profitable in 2024? ›

The average income of a day trader varies widely, depending on factors like experience, strategy, and market conditions. While some traders can make over $100,000 per year, many others struggle to break even.

How much money do day traders with $25,000 accounts make per day on average? ›

Plus, how one trader uses their $25,000 capital might differ greatly from someone else. However, it's generally accepted that a successful day trader can make between 1% to 2% of their account balance per day. In the case of a $25,000 account, this could translate to approximately $250 to $500 a day.

Which course is best for trading? ›

In summary, here are 10 of our most popular trading courses
  • Investment Risk Management: Coursera Project Network.
  • Trading Algorithms: Indian School of Business.
  • Forex - Trading Around the World: Interactive Brokers.
  • Game Theory: Stanford University.
  • Bitcoin and Cryptocurrency Technologies: Princeton University.

What is a good day trader salary? ›

Day Trader Salary
Annual SalaryMonthly Pay
Top Earners$185,000$15,416
75th Percentile$105,500$8,791
Average$96,774$8,064
25th Percentile$56,500$4,708

What is the most profitable form of day trading? ›

Best Strategies for Day Trading
  • Momentum Trading. This type of strategy often focuses on high-performing stocks. ...
  • Scalping. ...
  • Trend Following. ...
  • Gap Trading. ...
  • Ichimoku Kinko Hyo Indicator Trading. ...
  • Breakout Trading. ...
  • Range Trading. ...
  • News Trading.
Apr 15, 2024

How much do most day traders make a day? ›

A typical day trading profit per day is between 0.033 and 0.13 percent. This corresponds to a monthly profit of between 1 and 10 percent for successful day traders. However, only a few traders are successful in the long term - most make losses.

How long should a day trader stay in a trade? ›

The right answer to this is that it depends on the type of trader and the strategy they use. Many part-time traders tend to spend less than one hour trading. On the other hand, full-time traders tend to spend more time trading on a daily basis (between two and five hours).

How many trades should a day trader take per day usually? ›

A day trader might make 100 to a few hundred trades in a day, depending on the strategy and how frequently attractive opportunities appear. With so many trades, it's important that day traders keep costs low — our online broker comparison tool can help narrow the options.

Which type of trading is most profitable for beginners? ›

The defining feature of day trading is that traders do not hold positions overnight; instead, they seek to profit from short-term price movements occurring during the trading session.It can be considered one of the most profitable trading methods available to investors.

How much money do you need to make 100 dollars a day day trading? ›

You're really probably going to need closer to 4,000 or $5,000 in order to make that $100 a day consistently. And ultimately it's going to be a couple of trades a week where you total $500 a week, so it's going to take a little bit more work.

What degree do you need to be a day trader? ›

Although a college degree is not required, having a degree in finance or another major that is math or market-related is a bonus. Successful day traders are knowledgeable about a number of stocks and other financial securities, know various electronic trading platforms, and the ins and outs of the stock market.

What is the best degree for traders? ›

7 best degrees for professional traders
  1. Business administration and finance. Business administration with a focus on finance is an excellent choice for entering a career as a stock trader. ...
  2. Investment management. ...
  3. Economics. ...
  4. Statistics. ...
  5. Computer science. ...
  6. Data analytics. ...
  7. Applied mathematics.
Jul 2, 2024

Do you need to go to school for day trading? ›

Key Takeaways

These traders come from a range of backgrounds and can hold any number of degrees. Professional day traders, on the other hand, are employed by firms and trade using their money. Degrees in finance, computer science, and statistics are highly valued by these employers.

What should I learn to become a trader? ›

Traders need research and analytical skills to monitor broad economic factors and day-to-day chart patterns that impact financial markets. The ability to focus and concentrate, particularly in a chaotic, fast-moving environment, is an underappreciated but crucial skill for traders.

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