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Day trading is a wonderful job, as the salary cap is limitless. But there are other opportunities to get paid as a day trader.
But, I’m sure you’ve landed here because you want to know of other ways to get paid as a day trader.
In reality, you get out what you put in.
One of the main benefits of day trading is the freedom of having extra time. You can make money day trading your own account, but also provide different services related to day trading that help you get paid beyond day trading.
Let’s get into some way to get paid as a day trader!
The primary, and most obvious method to get paid as a day trader is to do what you’re good at, day trading.
After every week, go into your brokerage account, and withdraw a portion of your total profits.
One of the best way to learn how to get paid extra as a day trader is by looking into creating and selling online courses.
You can leverage your day trading expertise and knowledge to create a course, and people will be willing to pay you to learn what you know!
It can time-consuming, and you’ll want to make it to a pretty decent standard to get good reviews. Websites like Thinkific, and Teachable help you design, structure, and market, and sell your courses.
Working at a trading firm can be a great place for a day trader to get paid. This means that you’ll be providing a service to clients.
The benefits of a trading firm are:
One important factor is that your salary as a day trader in a trading firm is dependent on your performance.
A proper form is another type of financial institution that allow day traders to get paid for day trading.
Similar to a trading firm, but some key differences is that prop firms hire traders to manage the firms capital and generate profits.
As a day trader in a prop firm, you’ll get paid a salary and plus share the profits that you generate.
Selling a Discord Server service is a fantastic way to get paid as a day trader.
As more people get excited about day trading, providing a discord service that charges money is a fantastic way to provide services such as educational study sessions, live trading, and signals.
The wonderful part about Discord servers is that you, the day trader, can interact more directly with like-minded people.
If you’re a talented and knowledgable day trader, becoming a mentor is one of the easiest ways to get paid as a day trader.
The best part about being an online mentor is the flexibility. You can mentor your students from all over the world, and do it on your own time.
Email newsletters is a popular way to get paid as a day trader.
If you’re thinking about starting an email newsletter, know that it takes time, effort, and consistency to build an audience and to get paid from it.
Once you’ve build a solid day trading email list, you can start introducing the following to get paid:
The possibilities are endless!
I think an email newsletter is also a great way to challenge yourself and learn new things. By writing an email newsletter, you’ll be able to push yourself out of your comfort zone and learn news skills to get paid more as a day trader.
Blogging is one of the most popular methods to make money. And it’s not surprising why – As of Jan 2022, GrowthBadger reported over 600 million blogs in the internet.
Blogging takes time, energy, and a lot of effort to build up SEO results. However, once you have a solid monthly traffic you can start seeing a decent return on your investment.
You can get paid via:
We’ve touched a bit about blogging, but if writing isn’t your thing, consider talking in-front of a camera.
Getting paid on YouTube as a day trader may take some time to get started. As your channel grows more and more, you able to get paid:
Be aware that day trading YouTube is a bit of a crowded space, so your videos will to stand out from the crowd.