Finance Business Idea: Equities Day Trader
Experience for Equities Day Trader business:
You should have well knowledge on trading, how the industry is moving, Government change policy, Budget etc….
Skill required for Equities Day Trader business:
Trading, Quick Decision taker, Emotions Control, Time Management, Negotiation, Communication, Creative Thinking, Critical Thinking, Personal Presentation Skills, Verbal Communication, Effective Speaking, Active Listening, Reflecting, Innovation Skills, Risk Management, Decision Making, Managing the Event
Investment required for Equities Day Trader business:
No Constraint…
Planning and Strategy required for Equities Day Trader business:
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You will be the self-employer to start a business as day trader.
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You should have well knowledge on trading, how the industry is moving, Government change policy, Budget etc….
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You should understand the stocks properly, you should understand the market movement, and you should know very well when to buy and when to sell?
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More importantly, understanding and controlling your own emotion and taking responsibility for your own actions and making decisions based on analysis.
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As a tax adviser, you should advice to the individual regarding providing advice to individual clients, some of whom are private clients with large assets.
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You should well know about the trading related terms like volume, pattern, technical analysis, fundamental analysis etc…
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You should be a well learner towards trading on each day. You should note down your experience and execute in a better manner to success.
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People can make money, but what about you, as risk downside is high, so it is your call to go or no.
Location required for Equities Day Trader business:
Location is not constraint. But there is a working time when the market is open. But yes you have to study, understand hard to success.
Infrastructure required for Equities Day Trader business:
A Computer/ Laptop and a Trading account.
Cost / Return on investment required for Equities Day Trader business:
Marketing / Selling required for Equities Day Trader business:
Challenge n Risk required for Equities Day Trader business: