You don't need a great deal of experience, but if you are just beginning to invest in the stock market, you should NOT start with day trading! We recommend our weekly publication, The Spear Report, also edited by Gregory Spear. You can find The Spear Report at www.spearreportpro.com. We also publish Spear's ETF Analyst, at www.spear'sETFanalyst.com.  Here at DTH, we try to use plain English and to define terms as we go, but you may have to prompt us occasionally to use less jargon, because after awhile in this field, you don't remember anymore what's jargon and what's plain English. 
 
If you have moderate experience as an investor or a trader, but no experience in day trading, DayTraderHotline may be a good service for you, because we do not use complicated trade combinations or exotic instruments and no specialized software or data feeds are required. That said, start slowly here and be careful not to jump in with both feet before you understand the basic lay of the land. At many brokerages, including our recommended one, InteractiveBrokers.com, you can set up a paper-trading portfolio to try your hand at day trading without risking any money at all.
 
If you have day traded unsuccessfully before, then you should "wipe your mind clean" of all the advice you've ever gotten, because you shouldn't hang on to techniques that don't work, no matter how many "experts" tell you they do work if you simply know how to use them correctly! If you are already day trading successfully, then we hope we can add value to your existing practice.
 
Remember that frequent trading increases risk and day trading has the most risk because of its higher frequency trading. The high frequency of trades can cause prohibitive commission costs, depending upon your broker, and can cause you to compound losses. Never risk more capital in the stock market than you can afford to lose, but especially in day trading - REALLY.