3 Ways to Make Money Day Trading in a Down Market
People are learning how to make money on stocks today the hard way: with steep losses. That doesn’t have to be the case however given the wide variety of trading opportunities even the smallest retail trader has access to today. There are still plenty of income generating trades to make money on stocks. Here are 3 ways I know how to make money on stocks even with next to nothing to trade with. One thing is certain: in order to make a steady living off the stock market you need to be willing and able to access both the long and short side of the market – because near term, the market is going down (hopefully not like yesterday – but we need to be able to trade with confidence in a contracting or slowing economy).
3 Ways to Make Money Trading Stocks Even in a Down Market
I promised a list of 3 ways to make money trading stocks even in today’s awful market environment and I aim to deliver. Some of these you may have heard before, some maybe not. Either way we’ll send you out to the pages we have developed and designed to prepare you with ideas to capitalize on should you see opportunity in the stock market. I have listed these opportunities in order of (ascending) capital required to make a worthwhile day trading income.
- Binary options trading – easily the lowest capital requiring means of day trading. Not only are binary options easy to figure out and use, they are high yield and the brokers even offer *AWESOME* amounts of trading bonus cash for new traders. It’s best if you have about $500 available to trade – given that’s usually the minimum amount to get the bonus cash.
- Standard Options Trading – Options trading requires a little more capital than binary options trading but not a lot more. A person can add to their income with as little as $5,000 to start with although if you really want to be making more consistent income you need on the order of $25K.
- Covered call options – This strategy presumes you already have a nice portfolio of stocks in your account but it’s killing you to watch the prices fall daily. You write covered calls to try to capture the premium on stocks you expect to fall.
All of the above mentioned strategies involve risk, and like any investment can result in the loss of capital. Odds are if you are reading this you are already well aware of the risks involved with investing and are looking for ways to make money in a down market (because frankly everyone makes money in up markets). Do your homework, set up your discount option broker account, and be prepared with trade ideas when opportunity knocks.
Day Trading Income Strategies for a Down Market
The market remains unsettled today and lacks direction. Tomorrow will be no different because of the political and economic environment. No effective solution is coming, because leaders are choosing political gain over economic prosperity – make no doubt about it. Hopefully you will find the 3 Strategies for making money on stocks in a down market helpful and informative (and most importantly profitable).
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