Learning How To Day Trade (Part 1): Advantages and Disadvantages

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Learn to trade at: http://thedaytradingacademy.com/learning-how-to-day-trade-project

Due to the recent front front page feature on BBC World News and feature on Investopedia I’ve decided to create these learning how to day trade series to give you some insight on how to be able to day trade. I’ve received tons of questions about day trading and being able to travel around the world so I wanted to share this video series to be able to give you a better understanding of how day trading works.

I’ve been day trading for roughly 12 years now and I absolutely love the freedom and liberty that day trading gives you. Learning how to day trade not only provides the flexibility that most people are looking for but it also gives a unique opportunity to have your freedom.

By this I mean that you will be able to make money when the market is moving great but also when the the world economy is in crisis. Many people don’t realize that we make more money when the market goes down than when it goes up.

This is the first part of the learning how to day trade series and we will be covering the advantages and disadvantages in this video:

Advantages
-Work from anywhere in the world
-Become your own boss
-Set your own ours
-Financial freedom – lots of money!
-Set your own ours

Disadvantages
-Discipline & Patience
-Emotional Stress
-Accountability
-No security
-Losing Money
-Lonely profession

I would like to specifically like to point out that most people do think that they are going to start making money day trading right away. Learning how to day trade takes a lot of discipline, time, and patience. Most people do not start making money overnight and those stories are not common.

While we have seen traders go live in as little as six months this is not the norm. Make sure that you are willing to take this new venture seriously. Learning how to day trade is not for the faint of heart. But if you are willing to have the discipline to learn this new skill then make sure to find a great mentor and you will be on your way.

Learn to trade at: http://thedaytradingacademy.com/learning-how-to-day-trade-project

Don’t forget to subscribe
http://www.youtube.com/user/DAYTRADINGACADEMY?sub_confirmation=1

Also learn how we day trading and traveling around the world for the last six years at http://wanderingtrader.com. Our WanderingTrader sister site.