Many people are attracted to day trading because of several reasons. The main reason is controlling your own working hours and earning side money without dedicating much time or energy to it.
Even thought it sounds promising, in many cases it can be a trap to lose a lot of money if you are not careful and fully committed to what you do. Day trading does not assume trading whenever you feel like it, on your coffee break or while waiting for a bus. It rather means having exact working time during the day, whether that is an hour, two or more, but it has to be determined.
Day trading is a great opportunity to earn money, as long as you fully commit to it and consider it a real job, and not just a way to earn more side money. What it differentiates it from a “real” job is time taken to do it. Day trading should mean that you do it less time than you do your “real” job, and not less attention and commitment than you “real” job. There are many, yet, who do day trading just along other important things, and it only becomes a way to lose money instead of earning it.
What a good part trader does is committing time to it for a few afternoons a week. A good trader, be it part time, or full time trader, sets goals, makes plans, pays attention to limits and does everything a full time trader would do.
Concentration is very important for doing this job, so for being a successful part time trader you should find working time and working space where nobody would disturb you. What you need for day trading besides time is quick internet access, reliable computer and enough free time to concentrate on work. For example, if you decide to work from home after your regular job and you have children that could distract you, it might be a good idea to find someone to take care of them for the time you do your trading.
MY advice for future forex traders :
1) Read university books about stocks and forex trading. I suggest John Murphy “Technical analysis”
2) Learn technical analysis from experts and top websites such as dailyfx.com or forex.in.rs.
See example : Basic Principles of Technical Analysis – free forex video course