In our last blog we discussed 3 reasons why you should start daytrading which including just about anyone being able to do it regardless of their ethnicity, race, skin color, looks and other things. The second was not having to worry about employees and their payrolls, or motivation. The third was that you could have all the time to spend with your family or pursue your interest as you could daytrade with daytrading software part time or full time (an hour a week or 2 hours per day, respectively). Let’s find out more benefits of daytrading with Trading Made Easy from Las Vegas.
1. You Don’t Need to Worry About Accounts Receivable, Customers, Suppliers and Invoices
For people running their own businesses, life is full of challenges; you have to find the right customer gaining strategy, pull them in and make them loyal to your product. There is marketing, supply chain, human resources, IT and other aspects of the business that you constantly need to manage. With dayrading, the need for face-to-face contact is eliminated and you can just handle things over the phone.
There is no need for suppliers or even customers because you don’t have a product that you’re selling. You don’t need to worry about getting customers and retaining them with marketing strategies. The need for customer support doesn’t arise when you don’t have customers. There’s no need to worry about invoices, charge backs or your credit cards, fraud or checks bouncing.
Daytrading is all done digitally in the trading market place over the internet. You’ll have a better understanding of what goes on in the daytrading arena with the live trading sessions by Frank Lewis of Trading Made Easy from Las Vegas.
2. The transaction Cost is Virtually Peanuts
When buying and selling real estate, you need to pay the closing, which takes a large chunk out of your profits, and your realtor also gets a hefty commission of 2-5% on the total sales cost and they may often try and misguide you, willingly or unwillingly in hopes of getting a good commission.
The transaction fees with daytrading is $10-$20 maximum, it is often even lower than that. When you compare the costs and efforts involved in daytrading to investment in real estate, the former seems like the better option.
3. No storage costs or buying new space for business
While this is necessary for conventional businesses, daytrading doesn’t require it. In conventional business, you have to buy a storage or operational facility where you have to worry about overheads, inventory, turnover and other aspects that soak up your profits. With daytrading, you don’t need to think about these costs.
You just need a laptop, a good wireless internet connection, a broker, a trading account with appropriate funds, a robust and solid daytrading strategy to see you through to the highs and lastly, a daytrading software from Trading Made Easy from Las Vegas to implement your strategies effectively.
You’ll get instant returns when you start daytrading as the trade happens within minutes of each other. You can buy a stock for lower and then sell it for a profit and then buy a gain all in a matter of seconds and minutes. It’s that easy. So to start daytrading, give Trading Made Easy from Las Vegas a call.