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ason, I continue to work a regular 9–5 and will continue to do so. I also have a wife and three children, a mortgage and other financial obligations. I’m not ready to remove my fixed salary and try and make a go of this full-time.<h1 id="4738">2) Increased Flexibility</h1>All you need to day trade is a laptop and a good internet connection. If you have these then you can pretty much trade from anywhere on the planet earth.I fit my day trading around my family and my regular job. I only trade the London and New York sessions. Being based in the UK means I can easily fit this into my day without much disruption.<figure id="0d7f"><img src="https://cdn-images-1.readmedium.com/v2/resize:fit:800/1*Yswuj3G0tPWYY7xV6dG7hQ.png"><figcaption>Photo from (Envato Elements)</figcaption></figure><h1 id="00a5">3) Big Earning Potential</h1>Many traders starting out should start with a small deposit of between:£100 / £500 pounds sterling.Statistically you’re more than likely to ‘blow’ your first account. I blew 4 accounts in total at the beginning of my journey.As you learn and grow the earnings potential is huge. It really is. Small and steady gains compound over time giving you more power to increase your account size, giving you the ability to earn more from your trades.Additionally, the emergence of prop firms has completely changed the game.I’ll not go into too much detail here but in short, you pay a fee to complete a challenge. This is to prove you can trade profitably and if you pass this challenge then the firm give you capital to trade with.They take a % of the profits you make and you’re not risking your own money. If you

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pass the challenge, you get your fee back and access to X amount of capital.I have 2 prop firm accounts and now rarely trade my own capital. The earnings potential from these accounts is incredible.<h1 id="2ade">4) Continuous Learning</h1>Day trading requires continuous learning. You will always be growing and improving your skills with the more trades you take, the more information you consume and the more you analyse your journey.You will learn about the stock market, the economy, and different trading strategies.I would pick 3 channels on YouTube. Subscribe to them and consume all the content you can. Take lots of notes.Follow traders on Twitter but avoid ‘signal pages’ that tell you when to buy and sell and please avoid ‘Instagram’ traders.Some of these traders are good people with good intentions but in my experience, a lot aren’t.<h1 id="1cae">5) Personal Growth</h1>Whether you become a profitable trader in a short time, 6–12 months or never. Learning how to day trade could change your life.It will teach you a lot about yourself as a person and show you that you can earn good money, out-with your ‘regular’ job. It will help you with other aspects of your life like; self-control, discipline and risk management.Of all the ‘Easiest ways to make money online’ articles that you will read this year. Learning to day trade is by far number one, for me.<figure id="261f"><img src="https://cdn-images-1.readmedium.com/v2/resize:fit:800/1*DpjP-A_uyOZtlxjkoioCWQ.png"><figcaption>Photo from (Envato Elements)</figcaption></figure>Thank you for reading.I really appreciate it 🙏</article></body>

Learning How to Day Trade Could Transform Your Life

This is not a get rich quick scheme. It will hurt you but it could also make you.

I started day trading in 2017 and it really has transformed my life.

Now, I’m not a millionaire, I don’t have a Lamborghini and I have all my original teeth.

I also still work a regular 9–5 but I’ll touch on that later.

Learning to day trade has been one of the most important investments I’ve made in myself and I will summarise 5 of the main reasons why you should consider learning how to day trade.

1) Financial Independence

Day trading may not make you a millionaire but it could have an incredible impact on your finances. Many ‘retail traders’ like myself use it to supplement our regular income from our 9–5.

Others use it to quit the regular 9–5 and do it full time. Something I have often considered but for reasons I will touch on at the end of this section, I have so far resisted.

If you can get to a position when your income from trading could sustain you then you could absolutely do it full time. No question.

Although, please don’t quit your job after a few good months of trading as YOU WILL have bad months. Regardless of how much you know and how good your trading has become.

For me personally, I work for an incredible organisation. One that makes a difference in the world and I get to travel to countries I would not normally get the opportunity to. For this reason, I continue to work a regular 9–5 and will continue to do so. I also have a wife and three children, a mortgage and other financial obligations. I’m not ready to remove my fixed salary and try and make a go of this full-time.

2) Increased Flexibility

All you need to day trade is a laptop and a good internet connection. If you have these then you can pretty much trade from anywhere on the planet earth.

I fit my day trading around my family and my regular job. I only trade the London and New York sessions. Being based in the UK means I can easily fit this into my day without much disruption.

3) Big Earning Potential

Many traders starting out should start with a small deposit of between:

£100 / £500 pounds sterling.

Statistically you’re more than likely to ‘blow’ your first account. I blew 4 accounts in total at the beginning of my journey.

As you learn and grow the earnings potential is huge. It really is. Small and steady gains compound over time giving you more power to increase your account size, giving you the ability to earn more from your trades.

Additionally, the emergence of prop firms has completely changed the game.

I’ll not go into too much detail here but in short, you pay a fee to complete a challenge. This is to prove you can trade profitably and if you pass this challenge then the firm give you capital to trade with.

They take a % of the profits you make and you’re not risking your own money. If you pass the challenge, you get your fee back and access to X amount of capital.

I have 2 prop firm accounts and now rarely trade my own capital. The earnings potential from these accounts is incredible.

4) Continuous Learning

Day trading requires continuous learning. You will always be growing and improving your skills with the more trades you take, the more information you consume and the more you analyse your journey.

You will learn about the stock market, the economy, and different trading strategies.

I would pick 3 channels on YouTube. Subscribe to them and consume all the content you can. Take lots of notes.

Follow traders on Twitter but avoid ‘signal pages’ that tell you when to buy and sell and please avoid ‘Instagram’ traders.

Some of these traders are good people with good intentions but in my experience, a lot aren’t.

5) Personal Growth

Whether you become a profitable trader in a short time, 6–12 months or never. Learning how to day trade could change your life.

It will teach you a lot about yourself as a person and show you that you can earn good money, out-with your ‘regular’ job. It will help you with other aspects of your life like; self-control, discipline and risk management.

Of all the ‘Easiest ways to make money online’ articles that you will read this year. Learning to day trade is by far number one, for me.

Thank you for reading.

I really appreciate it 🙏