Day Trading Career

Can day trading be treated as a career?

Off course. If you obtain the appropriate day trading education and practice on a trading simulator enough, you can treat day trading as a career. I am not suggesting that you leave your regular job or career to start day trading right away.

Start slow. There is no need to rush into anything. Rather than risking everything by assuming that you are definitely going to be a successful day trader, you could open a day trading account while you remain at your current job or profession and see how it goes. You don't really need much money nowadays to start day trading if you are willing to trade the largest financial market in the world: forex or foreign exchange.

You can day trade currencies by opening a forex mini account with hundred dollars (I recommend $1,000 or more for minis). This is a great way to test the waters before jumping in. On the other hand, if you want to day trade stocks instead, you realistically need to start out with at least $30,000. This high starting capital requirement puts stocks out of the reach of most small traders.

Besides, day trading currencies (as you will read on this site) offer many more advantages than stocks. So before you leave your old job and start your new day trading job, be like the turtle - slowly but surely wins the race.

If you ever develop into a great trader, we might fund you through our talented trader program.

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