Equities Day Trader
Startup Costs: $50,000 - $100,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Franchises Available? No
Online Operation? Yes
With the advent of the internet, an entirely new home based self-employment opportunity has surfaced. This business has the potential to generate six-figure incomes for everyday Americans who become day traders of equities and commodities. However, this opportunity certainly has a risky downside, as the potential is as great to lose money as it is to make it, especially for the novice and inexperienced trader. The key to successfully earning an income as an equities day trader is to gain as much knowledge about the industry as possible. Specialize in a specific type of stock or commodities trading, have considerable investment capital to get rolling, and most importantly nerves of steel and an understanding of what goes up must come down. Remember, most day traders go for short gains, buy in early and sell out the same day. Holding overnight is too much risk, especially for heavily invested traders in unstable market conditions. Of course, remember the golden rule of stock and commodities trading: "Never risk more than you can afford to lose."
Equities Day Trader Ideas
Franchise Specialist
Help business owners start franchising their concepts and help smaller franchisors grow their organizations as a franchise specialist.
Expense Reduction Analyst
Save people money as an expense reduction analyst.
Equities Day Trader
Experience Wall Street action without the suit trading stocks and commodities from home.
More from Business Ideas
She Used Her Kids' College Fund to Build a Side Hustle, But the Product Was 'Unsellable' — Here's How She Got Back on Track for $100 Million in Sales
Kim Vaccarella was a mother working in commercial real estate full-time when she gave entrepreneurship a shot.
This Insurance Agent Started a Side Hustle Inspired By Nostalgia for His Home State — Now It Earns Nearly $40,000 a Month
After moving to New York City, Danny Trejo started a business to stay in touch with his roots — literally.
Zillow Co-Founder Shares a 'Misunderstood' Truth About Starting, Funding and Selling Your Company
Now that he runs a venture fund himself, Spencer Rascoff is sitting on the other side of the table, and he sees what founders get wrong when pitching investors.