• Narrow screen resolution
  • Wide screen resolution
  • Auto width resolution
  • Increase font size
  • Decrease font size
  • Default font size

Day Trading - 5 Reasons You Should Avoid Day Trading Like a Snake Bite

Day trading is not for everyone. Along with the many advantages of it, you should be wary of the pitfalls; the things you would have to give up.

Here are 5 things for you to consider:

1. If you really enjoy working long full time hours then you need to carefully consider whether you want to day trade. When you get more experienced with trading, you will find you can probably sit at home on your computer for an couple of hours a week instead of earning the same income from home - or on vacation.

2. Maybe you have an affable boss you'd miss. He or she watches your every move; you can do nothing to please him or her. Your problems are not their priority. You just love doing all you can for no thanks whatsoever.

3. You just love working to the clock. Oh, it's only there as a health and safety issue, to ensure you don't get missed out in case of the emergency procedure count. Nothing at all to do with keeping a hawk's eye on your time keeping, oh no.

4. And not to forget all the delights of travelling. Don't you just adore the fuel prices sky rocketing and sitting in endless traffic queues, in blistering hot sun, or freezing cold winter? Not to mention the other service costs of you own vehicle. Soon you'll not even be able to take a refreshing of water from your bottle for fear of being fined and getting a criminal record for it. Or maybe you love comfort of the packed public transport sardine tins, and that's assuming they run on time - or if they even run at all, that is.

5. What about booking that holiday you so need? Maybe you like trying to juggle with your colleague, whose turn it is this time to book the dates you so desperately require. No problem at all, family won't mind a bit.

Of course you wouldn't get any of these issues with day trading, because you'd be able to run your own life. Feed yourself with the proper knowledge and in return it offers the potential for freedom so many crave. Gone are the days when it was confined to the trading floor.

Day Trading World: Tips About Online Trading & Day