Are You Ready to Become a Full Time Day Trader?

forex-day-trader.jpgHere the fact, a full time day trader only need about 2 hours a day in front of the computer doing research then setting up automatic trading limits for buys and sells. And he takes the rest of the day off. If he can manage to earn a net profit +30 pips on standard account that is equal to $300 in one day, that’s $150 per hour! Interesting isn’t it huh?

 

What exactly does a full time day trader do? When people think of day traders, they may think of the guys who wear the colored jackets and stand on the floor of a stock exchange and yell out numbers and make hand gestures to buy and sell stocks, eight hours a day, nope that just an old school stereotype. Before you become a full time day trader, you must acquire the education that is requisite for day trading. What’s the difference between a college education and a day trading education?

 

With a college education, you spend tens of thousands, if not upwards of $100,000 on four-years worth of several classes, only to land an entry-level job somewhere. Your prospects for expanding your wealth thereafter are limited to your ability to earn raises and bonuses year after year, while socking away money every month toward your retirement.

 

With a day trading education, you just spend at most some books for a few weeks or months worth of training, upon which you have unlimited earning potential. It is not unheard of for someone to start with $100 and turn it into $1,000 within 30 days, by doing nothing but day trading with that money. Which one do you think has the better return on investment? I’m already pick the answer and you know what it is.

 

 

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