You’ll need an excellent work ethic, not to mention natural financial acumen, in order to become a Day Trader.
Even though it’s a highly competitive industry, if you’re successful, you could be working on hundreds of orders every single day. And don’t expect the typical 9-to-5. Despite what the name would suggest, you’ll often be working long into the night to keep up with all the individual markets.
If you’re not a fan of long hours and can’t work to tight deadlines, this may not be the career for you.
Other key skills include:
- Excellent analytical skills
- Self-discipline
- Decisiveness
- Good instincts
- The ability to forecast, and see the bigger picture
- An in-depth knowledge of complex financial software
