A few simple questions from a beginner's beginner!

1) Must you be greatly knowledgeable in economics to be an effective day trader? What areas would you recommend a newcomer focus his study in?

2) Would you say Investopedia is a good resource for beginners to properly learn market fundamentals?

3) Which type of trading would you recommend for someone starting with less than $25k? (~ $10k). Some have advised me to begin with Option Trading, while some sites advise to stay away, so i'm a bit confused.

4) What general advice, if any, would you give to someone just now getting into trading?

Thanks!

Submitted June 06, 2016 at 07:48PM by harmonytarkovsky http://ift.tt/25JyniY