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
Fundraising Consultant
Use your sales and financial experience to be a fundraising consultant.
Venture Capital Broker
Help entrepreneurs who need funding connect with VC firms.
Online Venture Capital Forum
Help investment-seekers from far and wide with an online VC resource.
More from Business Ideas
This Couple Started a Side Hustle Out of Their Volkswagen. It Made $1 Million a Month Last Year and Is 'So Fulfilling.'
Husband and wife Joe Demin and Rachel Connors are committed to building Yellow Leaf Hammocks — and supporting artisans in Thailand along the way.
As a Leader, Take These 5 Steps to Bridge the Gap Between Innovation and Execution
Companies that want to turn ideas into action must align their people and listen to their customers.
New Research Reveals the Most Profitable Side Hustle — and You Could Make an Extra $15,000 a Year From Home
If you're ready to start a side hustle, it pays to consider which one will give you the greatest return.