Last time, I talked about my goal to day trade for a living; now let’s talk about what might really be required of someone who is day trading for a living.
First of all you need capital. You can paper trade all day, but unless you’ve actually got money invested in the market, you can’t very well make a living at it can you? If you’re day trading for a living, you’re going to be buying and selling stocks all day, and this is going to require quite a bit of capital. If you’re day trading full-time you’re going to be [...]
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day trading for a living
My ultimate goal is to be day trading for a living. Some of you are aware that I am not a full-time trader, but I trade pretty regularly, and I do research almost daily whether or not I trade. I used to even engage in the social aspects of trading, like chat rooms, forums, and Stocktwits, but I stopped all of that social stuff to focus on things that would allow me to focus on that ultimate goal of day trading for a living.
Late last year, a series of occurrences in my life caused me to revaluate what I was [...]
