Business At A Glance
Startup Costs: $2,000 – $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? Yes
With the advent of the internet, an entirely new homebasedself-employment opportunity has surfaced. This business has thepotential to generate six-figure incomes for everyday Americans whobecome day traders of stocks and commodities.
However, this opportunitycertainly has a risky downside, as the potential is as great to losemoney as it is to make it–especially for the novice and inexperiencedtrader. The key to successfully earning an income as a stock day traderis to gain as much knowledge about the industry as possible. Specializein a specific type of stock or commodities trading, have considerableinvestment capital to get rolling, and most importantly nerves of steeland an understanding of what goes up must come down. Remember, most daytraders go for short gains, buy in early and sell out the same day.Holding overnight is too much risk, especially for heavily investedtraders in unstable market conditions. Of course remember the goldenrule of stock and commodities trading: ‘never risk more than you canafford to lose.’
People who want to hire someone to manage their stock portfolios