In this week’s episode of Money Mondays, were going to break down the key reasons why you would want to consider day trading as a source for income. It’s important to know this when venturing down this path because it could change your life once you understand the WHY behind it!
These are the TOP 10 reasons to day trade :
- Transferable
- Travel/Digital Nomad
- No Bricks & Mortar
- Trade for daily income
- No boss or employees
- Low start up cost
- Low operational costs
- Time freedom
- Better lifestyle
- Challenging & Rewarding
Moreover, we need to discuss WHY you should start day trading FUTURES over other markets. Futures can really provide you with the lifestyle you want!
These are the following TOP 10 Reasons to day trade FUTURES over other assets :
- Exposure to global assets
- Offers leverage with low daytrading margins
- No pattern daytrading rule
- Less capital needed upfront to start trading
- You can be any type of trader
- Markets are open 23 hours/day 6 days a week
- Less gap risk
- More transparency than spot forex market
- Better liquidity with more intraday volatility
- Numerous opportunities over less instruments
On our Money Mondays E4 we explained everything you need to know about this topic!