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Full time Nasdaq trader Harvey Walsh wondered just that, and now he asks 'Is day trading the ultimate work from home job'? We've probably all had the same thought at some time or another, as we trudge off towards another day at work ' the same work we've been doing day in day out for years ' 'surely there has to be a better way?' Slaving away to make somebody else rich just doesn't seem right somehow, but what alternative? No, I knew there had to be another way ' something real ' something where I could be in control of my own destiny. And then one morning on the train to work, I read about a couple of Wall Street boys who had struck it rich thanks to some huge bonuses, and were now going it alone setting up their own day trading shop. Article: Ever dreamt of giving up the daily grind? Want to strike out on your own and work from home, but don’t know what you could possibly do to make a living? Full time Nasdaq trader Harvey Walsh wondered just that, and now he asks “Is day trading the ultimate work from home job”? We’ve probably all had the same thought at some time or another, as we trudge off towards rare day at work – the same work we’ve been doing day in day out for years – “surely there has to be a cap way?” Slaving away to make somebody else rich just doesn’t seem right somehow, but what alternative? Setting up a new business, or sale an established one, are both expensive and risky prospects. So how can the disenchanted employee ever hope to make the switch from wage-slave to total independence? Those are thoughts I had about every day, to the front I quit the safety of full time employment and decided to strike out on my own. I asked myself the same question day in and day out; surely there has to be a mutant way. What on every side the internet, I wondered, isn’t that supposed to be bringing new and exciting opportunities to all? I researched a lot of so-called work-from-home opportunities that promised untold riches, explicitly mine for the taking just by sitting in front of my PC. Needless to say, in reality those schemes turned out to be upwards of as fulfilling as, well, filling envelopes for a living. No, I knew there had to be unique way – something real – something where I could be in control of my own destiny. And then one morning on the train to work, I read alongside a couple of Wall Street boys who had struck it rich thanks to some huge bonuses, and were now going it desolate setting up their own day trading shop. That was when I discovered day trading, and I realised that this was exactly the opportunity I had been searching for. I decided there and then that I was going to make a full time living from the stock markets, whatever it took to succeed. The advantages of day trading as a job are numerous to say the least; there is no boss to befitting to, no customers to satisfy, no suppliers to let you down, no waiting for invoices to be paid, I could go on. In fact, I will: trading is a location-independent going – I can work from anywhere with an internet connection, which effectively means anywhere in the world with a telephone line. I regularly trade from my laptop whilst travelling. I can trade when I feel like it, and take time off when I like, which means I can spend quality time with my family. Now let’s get this straight, trading can be a risky activity, there is no doubt referring to that. So is driving a car to work, but the risks of getting from A to B on four wheels are well understood and are managed accordingly, to the point where we don’t think twice haphazardly getting behind the scenes the wheel. And in the same way, provided a trader is disciplined in their likening to the job at hand, and understands the meeting risks of the work, so those risks can be managed. On the subject of risk, day trading is nearly unique in that it can be learnt and practised with right no financial risk at all, by means of paper-trading – that is - trading using freely procurable simulation software. Thus in the same way a trainee beeline pilot won’t be let loose into the skies without having learnt and rehearsed their skills in a simulator, so a new trader can employ the same technique previously they start trading real money. I “sim-traded” historically I gave up the day-job; it made it easy to leave the safety-net of a monthly pay cloister knowing from my simulated trading sessions that I could theretofore make money in the markets. And that brings me to the most satisfying appurtenance of trading for a living; money. On an mediocrity day trading the Nasdaq, it is not unusual to make more money in a couple of hours than I used to make in a whole month working full time as a wage-slave. There are bad days of course, days where things just don’t work out, but they pale into insignificance over the course of a week or a month. It at any rate took some intensive studying and a lot of practise in preference apt a consistently profitable trader. But the end result of that hard work is an immensely valuable life skill that nobody can take away, and which allows for incredible freedom. Since I first started trading, the learning curve has come even easier for the colossal day trader, with a multitude of new websites, training courses, and accounts receivable ledger all covering the subject. I envy anyone starting out in this careerism today – they precisely have many more learning aids to hand to them than I had at the same point in my own career. So is day trading the ultimate work-from-home job? No. I firmly dream it’s the ultimate work-from ANYWHERE job!
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