Table of Contents
What do you love about trading?
10 Good Reasons to Day Trade
- You love being independent.
- You want to work anywhere you like.
- You’re comfortable with technology.
- You want to eat what you kill.
- You love the markets.
- You have market experience.
- You’ve studied trading systems and know what works for you.
- You’re decisive and persistent.
Why do people choose to trade?
Trading is profit (and loss) as and when it happens whereas investing is profits accumulate. Sense of involvement – Trading gives the feeling of being involved and gives the sense of doing in the market. It feels like achieving success or failure whereas investment does not give you the sense of being involved.
What’s it like being a day trader?
A day trader actively buys and sells securities, often multiple times during the day, but without carrying any open positions to the next day. All buy and sell positions taken during a trading day are squared off on the same day before the market closes.
What are the benefits of day trading?
Here are 8 more advantages of day trading that are worth knowing about.
- Easy to get started.
- Free resources.
- My Millionaire Challenge.
- You’re in control of your destiny.
- Self starters are rewarded.
- There is a clear path toward success.
- You can make a lot of money fast.
- It’s exciting.
Is trading a good career choice?
If you are one of these people who like working alone, or at your own pace, trading is the perfect career for you. Everything you do – from the trades you take to the money you earn – stays under your control if you’re a trader.
How do you succeed in trading?
- 1: Always Use a Trading Plan.
- 2: Treat Trading Like a Business.
- 3: Use Technology.
- 4: Protect Your Trading Capital.
- 5: Study the Markets.
- 6: Risk Only What You Can Afford.
- 7: Develop a Trading Methodology.
- 8: Always Use a Stop Loss.
How to explain why you want to work in trading?
When explaining why you want to work in trading – you should curtail your answer to strengths and experiences that you can speak about. You could use a combination of the reasons below or a myriad of other reasons to explain why you want to work in trading. Entrepreneurial / Merit Based – Fast advancement for high performers
Why is tradtrading so fascinating to you?
Trading is fascinating to anybody who likes games, puzzles, challenges because it is the ultimate challenge and unlike games, puzzles, other challenges you can actually make a lot of money investing if you “win” the game. I got interested when I was 8 years old living in Ramsey, NJ.
Why is it so hard to convince people to trade?
Because so much of life is based on perception rather than reality, trading is a rare exception. You put your money where your mouth is, and if you’re right you win, if not you lose. And no amount of politicking/salesmanship/or other BS will change that. You can’t convince the market you’re right, it is the ultimate arbiter.
Why do you want to be a trader essay?
I want to be a trader because I relish the chance to be challenged by the unpredictable every day of the week. Being able to take on risk, implement my own strategies and be rewarded for the money I bring into a firm is only a small part of my decision to become a trader.