Day trading for a living
Day trading for a living is a very attractive occupation, but is it possible?
It is absolutely possible to make a living day trading, but it is not easy or recommended. If you haven’t yet, read this article, day trading for dummies, to get an overview of what day trading is exactly.
To me day trading is much more like gambling and much less like investing, I simply do not know what the price of a company will do in the short term, but there are some out their talented enough to make a living doing it, more power to them!
Do not fall for scams out their that claim it is easy to make a living day trading. They likely want you to either subscribe to their newsletter or buy their product, either way they are trying to make money off of you and they have no intention of helping you with your quest to become a day trader.
The stock market is not meant to supply individuals with money quickly. People who get greedy usually get burned. If you want to day trade for a living, think twice about it. I’ll be content with my 10% returns year over year!