10 Benefits of Being a Day Trader

I am a Day Trader in the Stock Market especially the Forex Market. There are many benefits of being a Day Trader in the Stock Market. These are a list of a few benefits;

1. You are your own boss - You make your own decisions about which markets to trade and decide your own trading strategies.

2. You do not require any qualifications - Although you do require to learn the basics of trading, you do not need to have a university degree to become a day trader. Continual self education on the financial markets and trading is essential.

3. You can start with as little as £500 - You can start small and with a good trading strategy and good money management, you can slowly build up your capital.

4. You can earn unlimited amounts of money - There is no limit to how much you can earn on the stock market.

5. You can trade from anywhere in the world, hence you are not restricted

6. All you need is a laptop and internet access

7. Everyone is equal in the Stock Market - The stock market respects no one and does not discriminate against anyone

8. You can trade a variety of financial markets such as Indices, Forex, Commodities, Individual stocks and Options

9. You decide when or when not to trade, you are the master of your time

10. You gain better understanding of the financial markets

These, along with other benefits, makes me excited about been a Day Trader. I also enjoy teaching people how to trade, especially Forex Trading training. This involves teaching about the basics of Stock Trading and Forex strategies.

Source : ezinearticles