Post
Topic
Board Trading Discussion
Re: The advantage of day trader
by
jrrsparkles
on 01/02/2019, 13:51:08 UTC
Potential to make substantial profits. The biggest lure of day trading is the potential for spectacular profits.

Being your own boss. The day trader works alone, independent from the whims of corporate bigwigs.

Never a dull moment. Long-time day traders love the thrill of pitting their wits against the market and other professionals day in and day out.

Expensive education not required. For many jobs in finance, having the right degree from the right university is a prerequisite just for an interview.

Self-employment benefits: As a self-employed individual, a day trader can write off certain expenses for tax purposes, which cannot be claimed by an employed individual.



Any other opinions? Please comment And we discuss any other benefits for someone who uses day trading techniques.
there are so many advantages that we can get from daily trading, but we have to spend a lot of time monitoring price developments, because if we are a little late we will lose the opportunity to buy when prices go down or sell when prices rise.
But there are lot of disadvantages are also available in day trading so people don't have to day trade if they can't afford that capital.And even the price movement analysis too often will make you sick and will affect your mental health so don't lose your health while looking for some money.Day traders need to have many source of income as well to make risky moves without much fear.