6 Reasons Day Trading While at Work is a Bad Idea
I totally get your motivation of day trading while at work. Odds are you are a logical person and fully understand the risk you are taking by even considering trading as a means of income.
Naturally you say to yourself, “I have a job and are able to pay my bills, so why place my family’s well being at risk to day trade? I can just day trade at work, keep my income and make money from the market.”
Sounds simple enough right? In this article
I will lay out 7 reasons why day trading from work is a bad idea and while on the surface makes sense, over the long haul it’s
not a highly effective way of mastering the markets.
#1 Your Job is paying you to Work
This is going to sound completely corny, but your job is ....
#2 Lack of Focus
Trading requires enormous focus. Anyone that tells you otherwise has no idea what they are doing..
Summary
You are kidding yourself if you think day trading at work will prove beneficial towards your ultimate goal of becoming a successful day trader.
90% of day traders fail. Take a minute to digest that statement. Now layer on top of this data point the fact you will be day trading while at work. Think about how that increases the level of complexity.
I liken it to driving at speeds in excess of 80 miles per hour on a heavily trafficked highway and deciding that carrying on a long text message conversation is a good idea
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