Day Trading - The Way to Financial Freedom

What’s is Day Trading?
In a few words, day trading is a trading approach when you open and close trades within the borders of a single day.

Of course, such a trading approach gives traders a lot of amazing opportunities as well as it requires good knowledge, experience, and discipline. I want to share with you my point why day trading should be in the trading arsenal of every trader who wants to get a stable income for living and diversify a trading portfolio.


What are the benefits of Day Trading?
1. You can get trades in different market conditions. The market can be bullish, bearish, or in a range - as a day trader you can trade in all these conditions. For the crypto market, it is an obvious advantage when the market becomes bearish and you can’t trade profitably as a swing or a long-term trader.

2. You trade within the borders of a single day and it means you control all your trades. You close your trades and sleep well, without thinking how the market will move during the night. The same goes for situations when you are not at your laptop but you have active trades.

3. A lot of trade opportunities which markets give you every day. You can pick the most interesting and strong which perfectly match your trading style.

4. More trades mean better income you can get from the market. If we compare day trading with swing and long-term trading, we will see that day trading is a much more profitable approach. It is possible to make 1-5% per day as a day trader when a swing trader will dream about 10-20% per month. As for investors, they focus on 20-30% annual income.

5. More trades give you more experience and knowledge. It means you improve your trading much faster using new experience and knowledge. Day trading can highlight the strong and weak sides of your personality as a trader. You have an opportunity to improve yourself and it will need less time than if you were a swing/long-term trader.

6. More income from day trading means less capital you need to start from. You can start from 100$, turn it into several thousand, and for many of you this capital will be more than enough for your day trading. You will be able to generate enough profit for living trading with 3000-5000$. For swing trading, you will need 20 000 - 50 000$ and for investing it will be better to have 100 000$.

7. The path to your financial freedom is shorter with day trading. If you want to become a full-time trader and you don’t have good capital - day trading is the best choice.

8. Day trading keeps the motivation to move forward to your goals. You see feedback from your activity in real-time. With swing and long-term trading, you need to wait for days, weeks, and months in order to get a result. Sometimes it is boring! With day trading you have emotions every day and it is cool!

9. Day trading in combination with swing trading/long-term trading / Algo trading can give you a system with very strong risk diversification and smart money management. In this model, day trading will be responsible for short-term income which can be invested in other activities.

10. Day trading is the best way to build your brand and an audience. People like action, emotions, and day trading can produce catchy content for them. It gives you an opportunity to start your own business in the Financial field and do cool things together with interesting people!


There is an opinion that day trading = gambling!

NO! DAY TRADING IS NOT GAMBLING!

It is a trading approach that gives high profit not because of ignoring rules of proper risk and money management, but because of leverage and a high number of trades per day, week, and month.


Definitely day trading worths your attention. It is an opportunity for you to boost your trading in a shorter period of time, get everything you need for profitable trading, gain a lot of trading experience. Day trading is the best approach that can help you become a full-time trader even if you don't have solid capital. As you can see, there are many reasons to try day trading.

For many traders, day trading looks impossible because of a full-time job. But I have ideas how you can combine your day trading with a full-time job. Do you want to read about it? If yes, please support this post with your LIKEs and comments and I will write a new post within this week.

Thanks for your attention!