Frequently Asked Questions
Why Day Trading?
1. To Make Money
The main goal is to earn profit by buying low and selling high (or vice versa).
2. More Control Over Your Money
Unlike savings or long-term investing, trading gives you the chance to actively manage your money.
3. Opportunities Every Day
Markets move daily, so there are frequent chances to profit — especially for day traders.
4. Work from Anywhere
You can trade from a laptop or phone — no office or boss required.
5. Learn Valuable Skills
Trading teaches discipline, patience, risk management, and decision-making — skills useful in life and business.
What is Trading?
Trading is the act of buying and selling things (like stocks, crypto, or goods) to make a profit.
You buy something at a lower price and sell it at a higher price — or vice versa — to earn money from the price difference.
What is a broker?
A broker is basically a middleman who helps you buy and sell things like stocks, bonds, or crypto.
How does a Broker work?
You place an order: You want to buy or sell something.
Broker executes the order: The broker buys or sells the asset on the market on your behalf.
You pay a fee or commission: Brokers typically charge a small fee for this service (though some are commission-free now).
What is TradingView?
TradingView is an online platform where you can view real-time charts of financial markets (stocks, crypto, forex, etc.) and analyze them to make better trading decisions.
What is a Prop Firm?
A prop firm (short for proprietary trading firm) is a company that trains and funds traders to trade financial markets (stocks, forex, crypto, etc.) using the firm's capital.
What is a Live Account?
A live account is a real trading account where you use actual money to buy and sell assets like stocks, crypto, or forex.
What is the difference between a Funded Prop Firm account and Live Trading Account?
Prop Firm:
The firm funds you with their money to trade. You don’t risk your own funds, but you share profits with them (usually around 70–90% to you, depending on the firm).
Example: You get a $100,000 account from the firm to trade with.
Live Account:
You trade with your own money that you deposit into the account. If you lose, you lose your own funds.
Example: You deposit $1,000 into your own trading account and use that to trade.