Best Day Trading Courses of May 2024: Guide for Investors (2024)

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Day trading is an active, aggressive trading strategy. 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.

To set yourself up for success, familiarize yourself with the ins and outs of day trading before you get started.

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
  • Fast Lane Traders: Best for day trading crypto

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 can be extremely profitable if you understand the market and develop a strategy. But if you jump into it blind, you have the potential for massive losses.

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

Best Overall: Bear Bull Traders

Bear Bull Traders has a stock chatroom, which is available with each membership plan. Every week, Bear Bull Traders releases webinars for Elite members about technology, strategy, psychology, and mentorship in day trading, depending on the day of the week.

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."

You'll have access to the Essentials course with a Basic membership, 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 have access to one-on-one coaching sessions with psychologists to talk about 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: $1,199/year (comes to $99.92/month)

Runner-up: Warrior Trading

Warrior Trading is a strong day trading course, 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. But 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.

On the bright side, this program does have a free intro course. It includes 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 that include over 100 hours of content, and Warrior Pro has five courses with over 200 hours of content. With each tier, you'll gain more access to trading rooms and live chat.

Pricing:

  • Free Intro Course: $0
  • Warrior Starter Course: One-time membership fee of $997 (currently discounted to $598)
  • Warrior Plus: One-time membership fee of $2,497 (currently discounted to $1,498)
  • Warrior Pro: One-time membership fee of $3,997 (currently discounted to $2,398)

Best Budget Course: Bullish Bears

Bullish Bears, founded by trader Lucien Bechard, is very reasonably priced for what you get. Along with the trading courses, if you choose a monthly membership, you can access trade alerts, trade rooms with mentorship, live streams, and a chat room.

You'll 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 courses. There are also courses on topics such as swing trading and options.

Pricing:

  • Month-to-month: $47/month
  • Annual membership: $497/year (currently discounted to $247)

Best for Mentorship: Humbled Traders

Humbled Trader only has one membership level, called the Pro level. It comes with trading watch lists, separate chatrooms for day trading and swing trading, weekly live mentorship webinars, and a one-on-one meeting 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 coach from the team. You'll also be able to replay live Q+A sessions and mentorship webinars.

Pricing:

  • Pro Membership: $1,870/year (comes to $155.83/month)

Best for a Community: Investors Underground

Trader Nathan Michaud founded Investors Underground in 2008, and he heavily emphasizes 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 reach out to 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. These are all included in memberships, then you'll pay extra to add on 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

Best for Day Trading Crypto: Fast Lane Traders

Fast Lane Traders' course modules are Trading Basics, Technical Analysis, All About Indicators, Trading Profitably, and Entering Strategies. Some of the topics in these modules can be applied to assets like stocks and forex — but they mainly focus on day trading crypto.

You'll learn how to read crypto charts and apply strategies in day trading to crypto specifically. You'll also be able to use day trading chatrooms on Discord.

Fast Lane Traders' monthly fee is even lower than the fee for Bullish Bears, which is our top budget pick, and Fast Lane Traders even offers a 30-day money-back guarantee. But we still chose Bullish Bears as the best budget because it focuses on day trading rather than specializing in a topic like crypto.

Pricing:

  • 3-day "free" trial that includes a $7.95 sign-up fee. Then $86.61/month.

Other Day Trading Courses We Considered

Here are other day trading courses we looked at when choosing our favorites, as well as reasons why they didn't make our list:

  • Asia Forex Mentor — One Core Program: This is a strong program, it just doesn't have the emphasis on day trading that our top picks have. The One Core Program is a good program for learning about trading in general, and the Asia Forex Mentor (Ezekiel Chew) specializes in forex trading.
  • Timothy Sykes Trading Program: Timothy Sykes has a lot of free material about penny stock trading. But to learn about his course and pricing, you'll need to apply.
  • UC Trading: UC Trading has some strong tools with its membership, such as a two-hour mentorship session. But none of its features stand out as much as our top picks.
  • Black Box Stocks: Black Box Stocks is primarily a software with a focus on options trading. There is a bootcamp course that lasts for a few hours, but it isn't as comprehensive as what you'll get with our top picks.
  • Eagle Investors: Eagle Investors has plenty of educational material, but it isn't a course.
  • Zen Trading Strategies: This program can be useful for learning about day trading, but it's more of a trading tool for creating your own algorithms than a course.
  • Silvia Bellrock — The Bellrock Accelerator: Silvia Bellrock's course doesn't specialize in day trading, although it is a strong trading course overall.
  • Topstep: This program focuses on futures trading more than anything else.
  • Thomas Kralow: Thomas Kralow's program is good for learning about general trading but not daily trading.
  • Udemy: Udemy has numerous courses about day trading, but you won't have a comprehensive package like with our top picks. You also won't have access to mentors or a day trading community.

Day Trading Courses: Frequently Asked Questions (FAQs)

How does day trading work?

With day trading, you buy and sell one or more assets on the same day. You monitor assets' performance daily to decide when to buy or sell.

What do you learn in a day trading course?

Each course is different, but you'll typically learn the basics of day trading, such as what day trading is, how technical analysis works, which software you can use to day trade, and various strategies for making money. Advanced courses will teach you about more complicated strategies or different ways to day trade. Some will also teach you how to day trade assets other than stocks, such as futures, options, forex, or crypto.

Are day trading courses worth it?

Day trading courses do cost money. But the money spent is a good investment if you learn skills that help you become a skillful day trader, you'll theoretically make more money. They're also worth it if you choose a course with strong experts, community, and resources, like the ones on our list.

Is day trading difficult to learn?

It's often hard to learn to day trade successfully on your own. That's why day trading courses can be useful — they teach you how to day trade and provide you with chatrooms, mentors, and day trade simulations so you can take the time to learn this skill.

Our Methodology: How We Reviewed The Best Day Trading Courses

Business Insider's rating methodology for investment platformsexamines companies that offer platforms that keep fees to a minimum (generally below 0.50% of assets under management, or AUM, for balances under $100,000) 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

Junior Investing Reporter

Tessa Campbell is a Junior Investing Reporter for Personal Finance Insider. She reports on investing-related topics like cryptocurrency, the stock market, and retirement savings accounts. She originally joined the PFI team as a Personal Finance Reviews Fellow in 2022.Her love of books, research, crochet, and coffee enriches her day-to-day life.

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Best Day Trading Courses of May 2024: Guide for Investors (2024)

FAQs

Best Day Trading Courses of May 2024: Guide for Investors? ›

Best Overall Bear Bull Traders

Bear Bull Traders offers the right combination of a comprehensive course offering, access to trading tools, and a trading community, with mentoring by a top trading guru—all at a reasonable price, making it our choice as the best overall trading course.

Who is the best day trader to learn from? ›

Best Overall Bear Bull Traders

Bear Bull Traders offers the right combination of a comprehensive course offering, access to trading tools, and a trading community, with mentoring by a top trading guru—all at a reasonable price, making it our choice as the best overall trading course.

What is the best education for a day trader? ›

Common degrees sought by traders include business administration and finance, investment management, economics, statistics, computer science, data analytics and applied mathematics. Skills traders benefit from include communication, strategic planning, technical, critical thinking and adaptability skills.

Are there any good day trading courses? ›

Best Overall: Bear Bull Traders

Bear Bull Traders has a stock chatroom, which is available with each membership plan. Every week, Bear Bull Traders releases webinars for Elite members about technology, strategy, psychology, and mentorship in day trading, depending on the day of the week.

What is the best resource for learning day trading? ›

Top best day trading courses online for beginners 2024
  • Day Trading Academy. ...
  • Warrior Trading. ...
  • Tradeciety. ...
  • Bullish Bears. ...
  • Profit.ly. ...
  • Tradenet Academy. ...
  • The Trading Channel. ...
  • Udemy. Udemy is a popular online learning platform that offers a wide range of courses, including numerous options for day trading education.
Apr 25, 2024

Who is the most profitable day trader? ›

There are a lot of successful traders but Jesse Livermore is often regarded as the most successful day trader.

How much should I pay for a trading course? ›

Compare the Best Stock Trading Classes
CompanyCostLive Trade Room
Bullish Bears Best ValueFree courses; $47/month or $247/year membershipYes
Skillshare Best for Technical Analysis$167.88/yearNo
Bear Bull Traders Best for Day Traders$99+ monthlyYes
Bulls on Wall Street Best for Live Training$199/month or $1,499/yearYes
4 more rows

How much money do day traders with $10,000 accounts make per day on average? ›

With a $10,000 account, a good day might bring in a five percent gain, which is $500. However, day traders also need to consider fixed costs such as commissions charged by brokers. These commissions can eat into profits, and day traders need to earn enough to overcome these fees [2].

Who is the best mentor for trading? ›

Arun Singh Tanwar's dedication to make every aspirant a pro trader has got him the recognition of the best stock market instructor in India. In a recent survey conducted by an individual agency, thousands of students voted for Arun Singh Tanwar as the best stock market instructor in India.

How to find a day trading mentor? ›

Day traders often find mentors online by going through trading bloggers, live chat rooms, and active forums for day traders. Even if you don't end up finding a mentor, such platforms can be very useful for picking up some useful bits of knowledge.

Whose 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.
  • Building Candlestick Charts with Google Sheets: Coursera Project Network.
  • Forex - Trading Around the World: Interactive Brokers.
  • Game Theory: Stanford University.

What strategy do most day traders use? ›

Day traders use numerous intraday strategies. These strategies include: Scalping: This strategy focuses on making many small profits on ephemeral price changes that occur throughout the day. Arbitrage is a type of scalping that seeks to profit from correcting perceived mispricings in the market.

What program do people use for day trading? ›

After hundreds of hours of comprehensive research, data analysis, and live broker platform demos, Interactive Brokers (IBKR) is our best overall online brokerage for day trading because of how it optimizes its pricing, user experience, and content to suit the needs of highly-active day traders.

What should I study to be a day trader? ›

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.

Who is the best person to learn stock trading? ›

ARUN SINGH TANWAR, Founder and CEO of GTF – A Stock Market Institute, has been ranked as the best stock market instructor/teacher in India.

Who is the world's greatest day trader? ›

Jesse Lauriston Livermore (July 26, 1877 – November 28, 1940) was an American stock trader. He is considered a pioneer of day trading and was the basis for the main character of Reminiscences of a Stock Operator, a best-selling book by Edwin Lefèvre.

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