If you’re one of the many investors who first came to the stock market in the last few years, you’ve likely heard of Robinhood. But a Chinese-owned rival named Webull has also been raking in users.

New to day trading? Master the basics with 10 proven tips—choosing the right platform, managing risk, controlling emotions, and building skills for long-term success.

Unlike assets like stocks and bonds, options are contracts that grant the right to buy or sell an underlying asset like a stock or bond at a particular price, known as the strike price. Options ...